W — Week Ahead

Week Ahead Preview: U.S. and U.K. CPI; Eurozone Data; Indonesia’s Election; Central Banks’ Speeches

12 February, 2024
christophe-barraud-week-ahead-2021

From the U.S. and U.K. CPI reports to the Indonesia’s election and a flurry of central bank speeches, here’s what you need to know about the week ahead.

Monday

🌎 World Governments Summit in Dubai, through Feb. 14 – Bloomberg

🇪🇺 Bank of Spain chief gives welcome address at ECB, BIS, BOS conference in Madrid – Bloomberg

🇪🇺 ECB chief economist Philip Lane gives keynote speech at conference in Madrid and also joints a round-table discussion – Bloomberg

🇪🇺 ECB executive board member Piero Cipollone is on a panel discussion during European Parliamentary week in Brussels – Bloomberg

🇬🇧 Bank of England Governor Andrew Bailey speaks at Loughborough University in the East Midlands – Bloomberg

🇺🇸 Fed Governor Michelle Bowman gives remarks on defining a bank at banking conference in San Antonio – Bloomberg

🇺🇸 Richmond Fed President Tom Barkin speaks to the Atlanta Economics Club – Bloomberg

🇺🇸 Minneapolis Fed President Neel Kashkari moderates a discussion with former IBM CEO Ginni Rometty at the Economic Club of Minnesota – Bloomberg

Tuesday

🇹🇷 Turkish President Recep Tayyip Erdogan is expected to visit Egypt in a bid to restore ties after more than a decade of fractured relations – Bloomberg

🇬🇧 December and January Employment data

🇺🇸 January NFIB

🇺🇸 January CPI

Wednesday

🇮🇩 Indonesia presidential election, the first three-way ballot in 20 years in the world’s fourth most populous country as Jokowi Widodo wraps up a popular tenure – Bloomberg

🌎 NATO and Ukraine hold Ramstein Group meeting to discuss Kyiv’s military needs – Bloomberg

🇪🇺 Q4 GDP 2nd estimate

🇪🇺 December industrial production

🇬🇧 January CPI

🇪🇺 ECB governing council member Boris Vujcic and vice president Luis de Guindos speak at conference of Mediterranean central banks in Split, Croatia – Bloomberg

🇪🇺 ECB executive board member Piero Cipollone makes introductory statement on the digital euro at hearing in European Parliament in Brussels. Cipollone also attends CEO summit organized by EuroeCommerce – Bloomberg

🇪🇺 ECB Governing Council member Joachim Nagel joins panel discussion on `How will financing work in the future?’ in Leipzig – Bloomberg

🇬🇧 BOE Governor Andrew Bailey testifies to House of Lords economic affairs panel – Bloomberg

🇺🇸 PPI revisions

🇺🇸 Chicago Fed President Austan Goolsbee participates in Q&A at the Council on Foreign Relations in New York – Bloomberg

🇺🇸 Fed Vice Chair for Supervision Michael Barr speaks at National Association for Business Economics conference in Washington – Bloomberg

Thursday

🌎 NATO defense ministers meet in Brussels – Bloomberg

🇬🇧 December industrial production

🇬🇧 Q4 GDP

🇪🇺 ECB President Christine Lagarde makes introductory statement before European Parliament economic and monetary affairs committee in Brussels – Bloomberg

🇪🇺 ECB chief economist Philip Lane gives speech at online seminar organized by Florence School of Banking and Finance – Bloomberg

🇪🇺 ECB Governing Council member Joachim Nagel gives speech on Stability and prosperity in Europe at Munich Europe Conference – Bloomberg

🇬🇧 Bank of England policy maker Catherine Mann speaks at NABE conference in Washington – Bloomberg

🇬🇧 Bank of England policy maker Megan Green at a fireside chat with Brian Coulton, chief economist at Fitch Ratings – Bloomberg

🇺🇸 February empire manufacturing

🇺🇸 January retail sales

🇺🇸 January industrial production

🇺🇸 Fed Governor Christopher Waller gives remarks on the dollar’s international role in Nassau, Bahamas – Bloomberg

🇺🇸 Atlanta Fed President Raphael Bostic gives speech on economic outlook and monetary policy to the Money Marketeers of New York University – Bloomberg

Friday

🇪🇺 ECB executive board member Isabel Schnabel delivers lecture at Economic and Monetary Union Laboratory at European University Institute in Florence – Bloomberg

🇬🇧 Bank of England Chief Economist Huw Pill speaks at he 40th Annual National Association for Business Economics (NABE) Economic Policy Conference ‘Perspectives on Global Monetary Policy’, Washington – Bloomberg

🇺🇸 January housing starts and building permits

🇺🇸 January PPI

🇺🇸 February U. of Michigan consumer sentiment

🇺🇸 Fed Vice Chair for Supervision Michael Barr gives comments on bank supervision at Columbia Law School banking conference – Bloomberg

🇺🇸 San Francisco Fed President Mary Daly delivers the keynote address at the NABE conference in Washington – Bloomberg

Earnings

Busy week of earnings ahead as we move through the peak of the Q4 reporting season. After a few standout reports last week from companies such as $PLTR, $SPOT, and $DIS, what do you think we could see this week? Watch for: $VTMX, $KO, $CSCO, $AMAT, $DE, $SHOP, $ZTS, $ABNB, $SO,… pic.twitter.com/EQXoXgAYI4

— Wall Street Horizon (@WallStHorizon) February 9, 2024

Previews

LS Focus On The Week Ahead: 12-16 February 2024 pic.twitter.com/OmSggLPqfW

— LiveSquawk (@LiveSquawk) February 9, 2024

🌎 🇺🇸 #Weekahead | Slower US #Inflation Is Set to Fuel #Fed Rate-Cut Optimism – Bloomberghttps://t.co/hFLPhtHppE pic.twitter.com/uJK2vKKG6O

— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) February 11, 2024

Newsquawk Week Ahead: US CPI, Retail Sales, Aussie jobs, UK jobs, CPI and GDPhttps://t.co/31SfgsKQow

— investingLive (@investingLive_) February 10, 2024

Biden hosts Jordan’s King Abdullah and UK holds by-elections https://t.co/Xlr7XIVJ0d

— FT Economics (@fteconomics) February 11, 2024

Your Week in Asia: Indonesia election, Japan H3 rocket launch, Kakao earningshttps://t.co/mTasEQuCqQ

— Nikkei Asia (@NikkeiAsia) February 11, 2024

Focus on U.S. Economic Calendar

🇺🇸 #Weekahead | What to Watch – Bloomberg
⬇ pic.twitter.com/ayhboargr2

— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) February 12, 2024

🇺🇸🇺🇸 Key Events This Week:

1. U.S. CPI Inflation – Tuesday

2. Coca-Cola $KO Earnings – Tuesday

3. Cisco $CSCO Earnings – Wednesday

4. U.S. Retail Sales – Thursday

5. Initial Jobless Claims – Thursday

6. NY Fed Manufacturing Survey – Thursday

7. Philly Fed Manufacturing… pic.twitter.com/9L41NvY98m

— Jesse Cohen (@JesseCohenInv) February 11, 2024

🇺🇸 #Weekahead | Market breadth suggests narrowing rally as S&P 500 hits records – Reutershttps://t.co/T9L34uTT9Y

— fastreveal (@fastrevealnews) February 11, 2024

Top 10 Macro/Financial Charts of the Previous Week – w6

⚠ Top 10 Macro/Financial Charts of the Week – w6 (2024) ⚠

*HT @Mayhem4Markets, @jessefelder, @MikeZaccardi, @fwred#Stocks #SPX #Germany #ECB #Chinahttps://t.co/VHBeHXPt06

— Christophe Barraud 🇫🇷 🇲🇨 (@C_Barraud) February 10, 2024

What Happened in the World Economy Last Week – in charts – w6 (Bloomberg)

🌏Charting the Global Economy: OECD Lowers Most Inflation Forecasts – Bloomberghttps://t.co/SEVok4Q96U pic.twitter.com/e67BupesCA

— fastreveal (@fastrevealnews) February 11, 2024

*Note: Previous reports can be found here