W Week Ahead

Week Ahead – w30 (2021)

26 July, 2021

Summary Key Events

🇺🇸 🇨🇳 U.S. Deputy Secretary of State Wendy Sherman is in Tianjin, China to meet with Chinese State Councilor and Foreign Minister Wang Yi – Bloomberg (26)

🇩🇪 IFO Business Survey for July (26)

🇪🇺 EU finance ministers meet informally by video conference to discuss the implementation of the Recovery and Resilience Facility, before assessing the European Commission’s new anti-money laundering package – Bloomberg (26)

🇺🇸 New home sales for June (26) ➡ Risks look skewed to the downside.

🇦🇺 Reserve Bank of Australia Deputy Governor Guy Debelle, who also serves as head of the Global Foreign Exchange Committee, delivers a speech online to a U.S. foreign-exchange conference – Bloomberg (27)

🇪🇺 ECB policy maker and Bank of Spain Governor, Pablo Hernández de Cos, delivers the opening remarks of the webinar “Remittance flows and their effects on macroeconomic and financial stability in Latin America during the Covid-19 crisis” – Bloomberg (27)

⚠ IMF releases its World Economic Outlook Update (27)

🇺🇸 Durable Goods Orders for June (27)

⚠ IMF Managing Director Kristalina Georgieva and Banco de México Governor Alejandro Díaz de León speak at the annual Michel Camdessus Central Banking Lecture – Bloomberg (28)

🇺🇸 S&P Corelogic CS 20-City ➡ On a YoY basis, housing prices growth is expected to keep accelerating.

🇺🇸 Conference Board Consumer Confidence for July (28)

🇺🇸 FOMC Meeting (28)

🇺🇸 2Q GDP first estimate (29)

🇪🇺 2Q GDP first estimate (30)

🇪🇺 CPI for July (30)

🇺🇸 Fed Governor Lael Brainard gives a speech to the Aspen Institute on Rebuilding the Post-Pandemic Economy – Bloomberg (31)

🇨🇳 Manufacturing & Non-Manufacturing PMIs (31)



Focus on U.S. Economic Calendar

Top 10 Macro/Financial Charts of the Previous Week – w29

What happened in the World Economy last Week – in charts – w29 (Bloomberg)

*Note: Previous reports can be found here