Global Calendar April 25 - May 1, 2022
This is Fulcrum Macro Advisors weekly calendar of key political and economic events we are watching in the coming week. Please let us know if you have any questions.
Monday, April 25, 2022
Political/Social Events –
The US Congress returns from two-week Easter recess
The European Union is expected to present sometime this week a framework for sanctioning Russian oil
Russian President Putin to meet with employees of the Prosecutor General’s Office to discuss his goals to “strengthen law and order in 2022.”
China hosts the United Nations Biodiversity Conference (COP15) in Kunming
New Zealand imposes 35 percent tariffs on Russian imports and bans exports of industrial production to Russia
North Korea celebrates the 90th anniversary of the creation of the Korean People’s Revolutionary Army
Italy celebrates Liberation Day marking the end of the Nazi occupation in World War II
Australia, New Zealand, and Turkey commemorate the 197th anniversary of World War I and the Gallipoli campaign (Anzac Day)
Africa Investment Forum (African Private Equity and Venture Capital Association) begins in Dakar, Senegal
Economic Reports/Events –
US Chicago Fed national activity index (Mar), Dallas Fed manufacturing index (Apr)
South Korea GDP growth rate figures
Japan leading economic index (Feb), unemployment rate (Mar)
Spain PPIs
Turkey business confidence (Apr), capacity utilization (Apr)
Germany ifo Business Climate (Apr), ifo Current Conditions (Apr), ifo Expectations (Apr)
Eurozone construction output (Mar)
UK CBI industrial trends orders (Apr), CBI business optimism Index Q2
Brazil Central Bank focus market readout, consumer confidence (Apr), current account (Feb, Mar), FDI (Feb, Mar), federal tax revenue (Mar)
Mexico's economic activity reports (Feb)
Tuesday, April 26, 2022
Political/Social Events –
Russian President Putin to meet with UN Secretary General Antonio Guterres in Moscow
Kazakhstan’s ruling Amanat Party holds extraordinary Congress
US Supreme Court hears oral arguments in a case that could end the revival of the “Remain in Mexico” rule for US asylum-seekers
Shanghai, China to reexamine COVID-19 lockdown measures after recent curbs on the movement of medical staff and delivery drivers
Ukraine marks the anniversary of the 1986 Chernobyl nuclear power plant disaster
Economic Reports/Events –
World Trade Organization Committee on Subsidies and Countervailing Duties
US durable goods (Mar), non-defense goods orders (Mar), S&P/Case-Shiller home prices (Feb), new home sales (Mar), Richmond Fed manufacturing index (Apr), Dallas Fed services index (Apr)
China industrial profits (Mar)
South Korea's consumer confidence (Apr)
Australia's inflation rate figures
Indonesia FDI (Q1)
South Africa's leading business cycle indicators (Feb)
Mexico retail sales (Feb)
Argentina retail sales (Feb)
Wednesday 27, 2022
Political/Social Events –
Pakistan’s new Prime Minister Shahbaz Sharif visits Saudi Arabia for his first state visit
Somalia to elect Speaker and Deputies of Senate.
Israel’s Holocaust Martyrs and Heroes Remembrance Day
Sierra Leon celebrates National Day
South Africa celebrates Freedom Day marking the date when Nelson Mandela was elected President in 1994
Economic Reports/Events –
World Trade Organization Dispute Settlement Body meets in Geneva
US MBA Purchase Index and other mortgage data including pending home sales, Wholesale Inventories, Goods Trade Balance (Mar), Retail Inventories (Mar), EIA Gasoline Stocks Changes and other oil/distillates data
Russia GDP (Feb, Mar), Unemployment Rate (Mar), Retail Sales (Mar), Real Wage Growth (Feb), Industrial Production (Mar), Corporate Profits (Feb), Business Confidence (Apr)
Canada Employment Change (Feb)
Germany GfK Consumer Confidence (May)
France Consumer Confidence (Apr)
South Korea Business Confidence (Apr)
Japan Retail Sales (Mar), Industrial Production (Mar), Bank of Japan monetary policy meeting/Interest Rate Decision, Bank of Japan Quarterly Outlook Report
Mexico Balance of Trade (Mar)
Brazil IBC-Br Economic Activity (Feb), Bank Lending (Feb, Mar)
Zambia inflation (Apr), trade data (Mar)
Thursday, April 28, 2022
Political/Social Events –
United Nations Secretary General Guterres to meet with Ukrainian President Zelensky in Kyiv
German Chancellor Olaf Scholtz visits Japan for meetings with Japanese Prime Minister Fumio Kishida
Emirati Airlines resumes flights to Saudi Arabia which had been suspended due to COVID
US businesses places celebrate the annual Take Our Daughters and Sons to Work Day
Economic Reports/Events –
US GDP (Q1), Initial Jobless Claims (Apr), PCE Prices, Real Consumer Spending, Kansas Fed Manufacturing Index (Apr)
China Caixin Manufacturing PMI (Apr)
Canada CFIB Business Barometer (Apr)
Spain Business Confidence (Apr), Construction Orders (Mar), inflation rate (Apr), Unemployment Rate (Mar)
Italy Economic Confidence (Apr), Business Confidence (Apr), Consumer Confidence (Apr), Industrial Sales (Apr)
France Unemployment figures (Mar)
Germany's Inflation Rate figures
Eurozone Economic Sentiment (Apr), Consumer Sentiment (Apr), Consumer Inflation Expectations (Apr)
Japan Housing Starts (Mar), Construction Orders (Mar)
South Korea Industrial Production (Mar), Retail Sales (Mar), Manufacturing Production (Mar), Construction Output (Mar)
Australia PPIs
Brazil PPIs
Mexico Unemployment figures (Mar)
Turkey Inflation Report
South Africa PPIs
Botswana Central Bank rate decision
Friday, April 29, 2022
Political/Social Events –
Russian President Putin to hold meetings on Russia’s metallurgical industry which has been hit hard by global sanctions
Portugal’s parliament to vote on the working majority Socialist budget draft
Economic Reports/Events –
US Consumer spending (Mar)Personal Income (Mar), PCE Price Indexes, Chicago PMI (Apr), Michigan Consumer Expectations (Apr)
China NBS Manufacturing PMI (Apr), Non-Manufacturing PMI (Apr), General PMI (Apr)
France GDP, PPIs, Inflation figures (Q1), Household Consumption (Mar)
Germany GDP figures, Import Prices (Mar)
Italy GDP (Q1), PPIs (Mar), Inflation Rate figures (Apr)
Spain GDP (Q1), Retail Sales (Mar), Current Account (Feb)
Turkey Balance of Trade (Mar)
Eurozone Loans to Households, Loans to Companies (Mar)
Russia Central Bank interest rate decision
Mexico GDP
India Infrastructure Output (Mar), FX Reserves (Mar)
Brazil Unemployment Rate (Mar), Nominal Budget Balance (Feb)
Canada GDP (Feb), Raw Materials Prices (Mar), Budget Balance (Feb)
Argentina Consumer Confidence (Apr)
Kenya inflation numbers (Apr)
Uganda inflation numbers (Apr)
Saturday, April 30, 2022
Political/Social Events –
Vietnam celebrates Liberation Day – the anniversary of the fall of Saigon to Communists.
Economic Reports/Events –
South Korea Exports/Imports/Balance of Trade (Apr)
Sunday, May 1, 2022
Political/Social Events –
US takes over rotating Presidency of the UN Security Council from the UK
2nd round of US-UK Trade Dialogue to be held in Aberdeen, Scotland
China starts five-day May Day holiday
May Day celebrated in various countries
Economic Reports/Events –
No major reports/events to report.