W Week Ahead

Week Ahead: U.S. CPI and Other Data, Iran Nuclear Deal, ECB Speakers, ETH Merge

12 September, 2022

Key Macro Events

🇮🇷 🌎 International Atomic Energy Agency Board of Governors meeting in Vienna, with Ukraine’s nuclear plants and revival of the Iran deal major topics. Director-General Rafael Grossi is expected to hold a press briefing – Bloomberg (12 to 16)

🇪🇺 ECB Executive Board member Isabel Schnabel makes opening remarks at the central bank’s annual research conference – Bloomberg (12)

🇪🇺 ECB vice president Luis de Guindos speaks at the Foro Economic in Valladolid, Spain – Bloomberg (12)

🇺🇸 The SALT conference takes place in New York City with a focus on six themes: alternative investments, cryptocurrency, fintech, health care, infrastructure and sustainability – Bloomberg (from 12 to 14)

🌎 The 77th Session of the U.N. General Assembly begins in New York on Tuesday – Nikkei (13)

🇪🇺 ECB supervisory board member Elizabeth McCaul participates in a fireside chat at the Barclays Global Financial Conference – Bloomberg (13)

🇺🇸 August CPI (13)

🇺🇸 Congressional primary season wraps up in the US with elections in Delaware, Rhode Island and New Hampshire – Bloomberg (13)

🇨🇳 Chinese President Xi Jinping is expected to travel to Kazakhstan for a state visit (14)

🇪🇺 European Commission President Ursula von der Leyen delivers the State of the Union speech in Strasbourg – Bloomberg (14)

🇪🇺 Banque de France Governor Francois Villeroy de Galhau delivers the IMF’s annual Michel Camdessus Central Banking Lecture – Bloomberg (14)

🇪🇺 ECB board member Philip Lane makes opening remarks at the ECB Money Market Contact Group meeting in Frankfurt – Bloomberg (14)

🇪🇺 July Industrial Production (14) ➡ It should surprise downward.

🇺🇸 August PPI (14)

🇺🇸 🛢 EIA crude oil inventory report (14)

🇺🇸 The Business Roundtable releases its quarterly CEO Economic Outlook Index (14)

🇨🇳 🇷🇺 🇹🇷 Chinese President Xi Jinping is expected to meet Russian leader Vladimir Putin in Uzbekistan, their first in-person meeting since Moscow’s forces invaded Ukraine. Putin may also speak with Turkish President Recep Tayyip Erdogan – Bloomberg (15)

🇬🇧 The Bank of England has postponed its monetary policy meeting for a week, until Sept. 22, to allow a period of mourning after the death of Queen Elizabeth II – Bloomberg (15)

🇬🇧 🇪🇺UK, deadline for the British government to submit its response to the EU’s complaint over breaches of the Northern Ireland Protocol – FT

🇪🇺 ECB Vice President Luis de Guindos gives the keynote speech on “Euro-area current policy challenges” at the annual International Conference in Lisbon – Bloomberg (15)

🇪🇺 ECB Governing Council member Mario Centeno speaks at CIRSF Annual International Conference in Lisbon – Bloomberg (15)

🇺🇸 August Retail Sales (15)

🇺🇸 August Empire Manufacturing (15)

🇺🇸 August Philly Fed Manufacturing Survey (15)

🇺🇸 August Industrial Production (15)

🌎 The Ethereum blockchain’s much-anticipated software upgrade, the so-called Merge, is expected to take place around this date, according to its core developers – Bloomberg (15)

🌎 NATO military chiefs meet in Tallinn, Estonia – Bloomberg (16 to 18)

🇨🇳 🌏 The China-ASEAN Expo starts Friday in the southern city of Nanning, featuring mostly consumer products and investment forums – Nikkei (16)

🇨🇳 August Industrial Production, Retail Sales, FAI (16)

🇨🇳 August Property Data (16)

🇪🇺 ECB policy maker Olli Rehn delivers the keynote speech at the Bank of Finland/Center for Economic Policy Research joint conference on “Monetary Policy in the Post-Pandemic era.” – Bloomberg (16)

🇪🇺 August Final CPI (16)

🇷🇺 CBR Meeting (16)

🇺🇸 September U. of Mich. Consumer Confidence (16)




Focus on U.S. Economic Calendar

Top 10 Macro/Financial Charts of the Previous Week – w36

What happened in the World Economy last Week – in charts – w36 (Bloomberg)

*Note: Previous reports can be found here