Week inAdvance
Monday | Aug 15, 2022
With data pointing to high but slowing US inflation, the Federal Reserve is left to judge how much further rates must rise to get prices under control. On Wednesday, investors will get minutes from the central bank’s July meeting.

Walmart and Target led a list of retailers issuing profit warnings last month, shaking a sector that’s digging out from an inventory glut left over from the Covid pandemic. They report earnings this week, along with Home Depot, Lowe’s and China’s e-commerce and social networking giant Tencent. 

In the midst of Europe’s worst energy crisis in decades, Uniper SE of Germany reports earnings. The energy giant warned that it might have to cut output at two key coal-fired plants in Germany as it struggles to get fuel supplies along the Rhine River, whose water levels have fallen so low that it could effectively close soon.

Hedge funds’ 13F filings are due Monday after a bruising quarter for investors. 

All times are Eastern and subject to change.
please join us
Wednesday, Aug 17
INVESTORS CMBS industry update
4 - 4:15 pm

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at the agencies
Wednesday, Aug 17
FEDERAL RESERVE
More details from the Federal Open Market Committee's July decision will be contained in July 26-27 meeting minutes. Chair Jerome Powell has suggested guidance for upcoming policy decisions would be “less clear” than the last few versions.
on the hill

Senate out of session until Sep 6.

House out of session until Sep 13.
across the globe
Monday, Aug 15
EUROPE
Assumption Day is celebrated in many European countries, including Spain, France and Switzerland. Some financial markets are closed.

Monday, Aug 15
UNITED KINGDOM
UK barristers are expected to resume a strike over legal aid fees.

Monday, Aug 15
KOREA
South Korea and North Korea celebrate Liberation Day, an annual holiday in both countries to mark their liberation in 1945 from 35 years of Japanese rule.

Tuesday, Aug 16
UNITED KINGDOM
Foreign Secretary Liz Truss and former Chancellor Rishi Sunak hold campaign events in Perth as they vie to be the next UK prime minister. Events are also scheduled for Belfast on Aug. 18 and Manchester on Aug. 19.

Wednesday, Aug 17
EUROPEAN UNION
Quarterly Eurozone GDP is released at a time when a recession in Europe seems all but inevitable to many, against the backdrop of the Ukraine war and high energy prices.

Friday, Aug 19
LONDON, UK
London Underground workers are slated to strike, along with pilots for budget carrier EasyJet in Spain who are scheduled to be off the job for three days.

Friday, Aug 19
MOSCOW, Russia
Another court hearing will be held in Moscow as Russia’s government seeks to shut down the office of the Jewish Agency, which assists Russians looking to claim Israeli citizenship.
other events
Tuesday, Aug 16
ALASKA & WYOMING
Alaska and Wyoming hold primary elections. The fate of Wyoming’s Liz Cheney will be closely watched. Sarah Palin and Lisa Murkowski are on the ballet in Alaska.
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