W Week Ahead

Week Ahead – w23 (2021)

07 June, 2021

Summary Key Events

🇮🇷 UN nuclear watchdog, the International Atomic Energy Agency (IAEA), holds a board meeting. Iranian nuclear activity and outside monitoring will be high on the agenda. In Vienna, through June 11 – Bloomberg (7)

⚠ Chinese Foreign Minister Wang Yi will host his counterparts from the Association of Southeast Asian Nations in Chongqing in person, as Beijing works to shore up ties with the bloc – Nikkei (7)

🇺🇸 🇲🇽 Vice President Kamala Harris meets with Mexican President Andres Manuel Lopez Obrador on her first foreign trip since taking office. She and AMLO will discuss the surge of Central American migration to the U.S – Bloomberg (7)

🇪🇺 ECB Governing Council member Robert Holzmann delivers a briefing on the latest Financial Stability Report – Bloomberg (7)

⚠ World Trade Organization meets to discuss expanding the production of Covid vaccine facilities. The EU is expected to stop short of supporting a U.S.-led proposal to suspend intellectual property rights. Through June 9 – Bloomberg (8)

🇨🇦 Bank of Canada decides rates. Economists expect the Bank to continue laying the groundwork for a tightening of monetary policy, even as it cautions it’s in no rush to raise interest rates – Bloomberg (9)

⚠ OPEC publishes its monthly Oil Market Report, covering major issues affecting the world market, plus outlooks for the coming year – Bloomberg (10)

🇪🇺 ECB meeting (10)

🇺🇸 CPI for May (10)

⚠ G-7 leaders’ summit starts in Cornwall, England. Joe Biden will be there, his first visit to the U.K. as U.S. president. India, Australia, South Africa and South Korea attend as guest countries. Biden and the first lady will meet the Queen at Windsor Castle on the final summit day, June 13 – Bloomberg (11)

🇷🇺 Bank of Russia rate decision (11)

🇬🇧 BOE Governor Andrew Bailey, Deputy Governors Dave Ramsden and Jon Cunliffe speak at an event with the BIS Innovation Hub. U.K. Chancellor of the Exchequer Rishi Sunak will also speak – Bloomberg (11)



Focus on U.S. Economic Calendar

Top 10 Macro/Financial Charts of the Previous Week – w22

What happened in the World Economy last Week – in charts – w22 (Bloomberg)

*Note: Previous reports can be found here