Week inAdvance
Monday | May 3, 2021
Mon May 3 'Just Economy Conference 2021'. | Tue May 4 G7 foreign ministers meet. Climate change in the House. | Wed May 5 Basel Committee high-level meeting. | Thu May 6 IOSCO/CPMI/BCBS roundtable on margin practices. BOE rate decision and monetary policy report. Art fair in NYC. | Fri May 5 U.S. employment report for April.

All times are Eastern and subject to change.
save the date
Thursday, May 13
INVESTORS market practices industry update
10:30 - 11 am

Come when you can. Leave when you have to. Take your calls.
at the agencies

No meetings of note.
on the hill

Senate not in session

Tuesday, May 4
HOUSE FINANCIAL SERVICES
Subcommittee on Housing, Community Development, and Insurance virtual hearing to examine housing resilience in the face of climate change.

Thursday, May 6
HOUSE FINANCIAL SERVICES
Virtual hearing on GameStop stock trading (part 3).
across the globe
Tuesday, May 4 -
Wednesday, May 5
ROME, Italy (virtual)
G20 4th Infrastructure Working Group meeting (finance track).

Tuesday, May 4 -
Wednesday, May 5
LONDON, U.K.
G7 foreign and development ministers meet in London for the first face-to-face meeting in two years. U.K. Foreign Secretary Dominic Raab also invited Australia, India, Korea, South Africa and the head of ASEAN.

Wednesday, May 5
LONDON, U.K. & SINGAPORE (virtual)
Official Monetary and Financial Institutions Forum panel on the current status of the ECB’s monetary policy strategy review.

Wednesday, May 5 -
Thursday, May 6
BASEL, Switzerland (virtual)
BCBS-BSCEE (Basel Committee on Banking Supervision / Group of Banking Supervisors from Central and Eastern Europe) high-level meeting for Europe.

Thursday, May 6
MADRID, Spain (virtual)
Joint IOSCO/CPMI/BCBS (International Organization of Securities Commissions / Committee on Payments and Market Infrastructures / Basel Committee on Banking Supervision) roundtable on margin practices, a survey of clients and non-bank intermediaries. The G20, as part of its the work program to enhance the resilience of non–bank financial intermediation (NBFI) sector, has called for a review of margining practices in cleared and uncleared markets, including with regards to the preparedness of market participants for margin calls.

Thursday, May 6
LONDON, U.K.
Bank of England rate decision. The central bank is likely to raise growth forecasts, reflecting a stronger-than-expected vaccination program. This could be a prelude to policy makers considering when to taper monetary stimulus.

Thursday, May 6
SCOTLAND
Scotland parliamentary elections. If the pro-independence Scottish National Party can establish a clear majority – or strike a deal with the Greens – pressure for another independence referendum will increase, and with it new risks for a breakup of the U.K.
other events
Monday, May 3 -
Tuesday, May 4
WASHINGTON DC (virtual)
Just Economy Conference 2021. Speakers at the national online event include U.S. Fed Chair Jerome Powell, Secretary of Housing and Urban Development Marcia Fudge, and Senator Elizabeth Warren.

Tuesday, May 4
NEW YORK CITY (virtual)
Bloomberg Live hosts the virtual Bloomberg Wealth Summit, actionable intelligence for private investors and financial advisers.

Wednesday, May 5 -
Friday, May 7
WASHINGTON DC (virtual)
EU-U.S. Future Forum will convene leaders to discuss regional cooperation. Speakers include U.S. Secretary of Energy Jennifer Granholm.

Thursday, May 6 -
Sunday, May 9
NEW YORK CITY
Collectors are flying in from around the U.S. to attend Frieze New York, the first major art fair in New York City since the pandemic lockdown began.

Friday, May 7
The April U.S. employment report is forecast to show another strong month of job gains. Some economists predict employers added 1 million or more jobs, inching the labor market closer to its pre-pandemic levels. However, the economy will still have millions fewer jobs than it did before the pandemic.
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