W — Week Ahead

Week Ahead – w8 (2021)

22 February, 2021
week ahead



 

Summary Key Macro Events

EU foreign ministers meet to consider new sanctions on Russia over the imprisonment of Navalny (22)

Boris Johnson is on Monday due to set out a government road map to lift England’s lockdown from next month, as data suggested that coronavirus infections were falling 3-6 per cent per day – FT (22)

ECB President Christine Lagarde speaks at the European Semester Conference – Bloomberg (22)

Iran has said it will curb international nuclear inspections, agreed upon in the 2015 nuclear deal, unless the U.S. removes sanctions imposed by former President Donald Trump – Bloomberg (23)

Conference Board Consumer Confidence for February (23)

Fed Chair Jerome Powell delivers the central bank’s semi-annual monetary policy report to the Senate Banking Committee (23)

Bank of England governor Andrew Bailey appears before the UK Treasury Committee (24)

U.S. Congress House Committee on Financial Services holds a hearing on monetary policy and the economy. Fed Chair Jerome Powell will testify (24)

New Home Sales for January (24)

The Bank of Korea is expected on Thursday to announce a plan to buy South Korean treasury bonds, while keeping the key rate unchanged at 0.5% – Nikkei (25)

EU leaders will hold a video summit through Feb. 26. They’ll discuss travel restrictions and a plan for vaccines against Covid mutations – Bloomberg (25)

Durable Goods Orders for January (25)

4Q GDP QoQ – 2nd estimate (25)

Finance ministers and central bankers from the Group of 20 will meet virtually. U.S. Treasury Secretary Janet Yellen will be among the attendees – Bloomberg (26)

The U.S. House of Representatives plans to hold its first floor vote on President Joe Biden’s $1.9 trillion stimulus package, with the goal of final passage before March 14 (26)

The main decision-making body of China’s National People’s Congress will meet over the weekend to draw up the agenda for the annual legislative session starting March 5 – Nikkei (27 & 28)

 

Earnings

 

Previews

 

Focus on Economic Calendar

 

Top 10 Macro/Financial Charts of the Previous Week – w7

 

What happened in the World Economy last Week – in charts – w7 (Bloomberg)