Week Ahead – w39

Summary Key Macro Events

🇺🇸 🇨🇳 The US is due to conclude its preliminary investigation into whether the #yuan is being undervalued to give Chinese exporters an advantage on Monday. (21)

🇭🇰 A survey beginning on Monday will decide whether most of Hong Kong’s pro-democracy lawmakers will serve an extended term. (21)

🇬🇧 Britain is at a “critical point” in the coronavirus pandemic, Prime Minister Boris Johnson will be told on Monday. (21)

🇮🇹 Italy has regional elections that will test the country’s “red wall” as well as a referendum on reducing the number of MPs. (21)

🇬🇧 Bank of England Governor Andrew Bailey will have a chance to clarify the BOE’s surprising comments on preparations for negative rates when he speaks on Tuesday. (22)

🇺🇸 Fed Chairman Jerome Powell testifies before congressional committees for three straight days — on Tuesday, Wednesday and Thursday. (22 & 23 & 24)

🇺🇸 Tesla’s Battery Day will be the event to look out for, with the electric car maker expected to reveal some significant developments. (22)

🇺🇸 Existing Home Sales for August ➡ Preview (22)

🇲🇴 🇨🇳 Residents of dozens of cities across China will be able to apply for permits for leisure trips to Macao, the biggest step yet in reopening the world’s biggest casino market to tourism. (23)

🇯🇵 🇪🇺 🇬🇧 🇺🇸 Flash PMIs (23)

🇪🇺 EU Commission president Ursula von der Leyen is set to unveil a new pact on migration and asylum on Wednesday. (23)

🌎 World leaders will gather online for the 75th session of the UN General Assembly, with a high-level debate on Wednesday to discuss how to tackle coronavirus. (23)

🇪🇺 🇹🇷 🇧🇾 🇨🇳 EU leaders meet in Brussels on Thursday and Friday to discuss external relations with Turkey, Belarus and China. (24 & 25)

🇨🇭 🇹🇷 🇳🇴 Central Bank Meetings (24)

🇺🇸 New Home Sales for August (24)

🇺🇸 Durable Goods Oders for August (25)





Focus on 🇺🇸 Economic Calendar



Top 10 Macro/Financial Charts of the Previous Week – w38


What happened in the World Economy last Week – in charts – w38 (Bloomberg)

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