Week inAdvance

Monday | Aug 22, 2022

Mon Aug 22 Prime minister campaign events in UK. | Tue Aug 23 European PMI data. | Wed Aug 24 G20 women's empowerment forum. | Thu Aug 25 Fed's econ summit at Jackson Hole. | Fri Aug 26 Fed Chair Powell speaks at Jackson Hole. | Sun Aug 28 Anniversary of MLK's “I Have A Dream” speech.

All eyes are on Federal Reserve Chair Jerome Powell’s speech at the Kansas City Fed’s annual economic policy symposium in Jackson Hole, Wyoming, on Aug. 26. Market watchers will look for clues on the central bank’s path after a red-hot jobs report and cooler-than-expected inflation data split bets on the size of the next rate hike.

Russia’s invasion of Ukraine, seen by the Kremlin as a “special operation” that would achieve its goal within days or weeks, hits the six-month mark on Ukraine Independence Day.

In Europe, manufacturing and services PMI data Tuesday will shed light on private-sector health and sentiment six months into Russia’s war on Ukraine.

All times are Eastern and subject to change.

Thursday, Sep 8

INVESTORS market practices industry update

10:30 - 11 am

Come when you can. Leave when you have to. Take your calls.

Thursday, Aug 25 -

Saturday, Aug 27

FEDERAL RESERVE

Annual Jackson Hole Economic Symposium, "Reassessing Constraints on the Economy and Policy," in Jackson Hole, Wyoming. Last year, when Fed Chair Jerome Powell delivered his speech at the conference, a global audience was hanging on every word for insights into the outlook for growth, inflation, and monetary policy in an extremely uncertain environment. Given how mistaken his assessment proved to be, he’ll have a harder time sounding convincing when he gives his next speech in the same venue on Friday. But for the sake of the Fed’s efforts to contain inflation, he’ll have to try.

Senate out of session until Sep 6.

House out of session until Sep 13.

Monday, Aug 22

UNITED KINGDOM

UK Foreign Secretary Liz Truss and former Chancellor Rishi Sunak hold campaign events in Birmingham as they vie to be the country’s next prime minister. Events are also scheduled Wednesday in Norwich.

Monday, Aug 22 -

Tuesday, Aug 23

KUALA LUMPUR, Malaysia (virtual)

SEACEN (South East Asian Central Banks) policy implementation meeting.

Wednesday, Aug 24 -

Friday, Aug 26

BALI, Indonesia

G20 Ministerial Conference on Women’s Empowerment.

Wednesday, Aug 24

PARIS, France

French President Emmanuel Macron and his cabinet gather for the first cabinet meeting after summer break.

Thursday, Aug 25

FRANKFURT, Germany

European Central Bank publishes an account of its July policy meeting.

Tuesday, Aug 23

UNITED STATES

US primary elections in Florida and New York. In Florida, GOP incumbent Senator Marco Rubio will likely face Democratic Representative Val Demings in November. In New York, two long-serving Democratic lawmakers, Jerry Nadler and Carolyn Maloney, face off in Manhattan’s redrawn 12th District.

Sunday, Aug 28

Anniversary of Martin Luther King’s 1963 “I Have A Dream” speech from the steps of the Lincoln Memorial in Washington, DC.