Global Events This Week: February 6 - 12, 2022
This is Fulcrum Macro Advisors LLC's weekly calendar of key political and economic events we are watching in the coming week. We hope this is helpful. Please let us know if you have any questions.
Sunday, February 6:
> Political Events -
Costa Rica holds general elections
North Korea’s State People’s Assembly meets
Argentine President Alberto Fernandez meets with Chinese President Xi Jinping where is expected to request a $3 billion swap extension to strengthen Argentina’s reserves
Iranian Minister of Industry Reza Rahmani visits the United Arab Emirates
Sri Lankan Foreign Minister G.L. Peiris to begin a three-day visit to India
> Economic Events -
No reports/events of note
Monday, February 7:
> Political Events -
Chancellor Scholz meets President Biden in Washington D.C.
French President Emmanuel Macron meets Russian President Vladimir Putin in Moscow, Russia
US Secretary of State Anthony Blinken visits Australia for Quad Foreign Ministers Meeting, then on to Fiji, and then Hawaii for meetings with Japanese Foreign Minister Hayashi Yoshimasa and South Korean Foreign Minister Chung Eui-yong through February 13th.
German Foreign Minister Annalena Baerbock to meet with Ukraine Foreign Minister Dmytro Kuleba
French Foreign Minister Jean-Yves Le Drian and German Foreign Minister Baerbock meet with Ukraine Foreign Minister Kuleba in Kyiv
Austrian Foreign Minister Schallenberg, Czech Republic Foreign Minister Lipavsky, and Slovakian Foreign Minister Korcok meet with Ukraine Foreign Minister Kulebain in Kyiv
Poland’s President Andrzej Duda meets with European Commission President Ursula von der Leyen to discuss Russia/Ukraine tensions in Brussels
World Health Organization (WHO) Director-General Ghebreyesus and Commonwealth of Nations Secretary-General Patricia Scotland sign MoU on seven new areas of collaboration
Argentine President Fernandez meets Barbados Prime Minister Mottley in Bridgetown
U.S.-EU Energy Council to take place in Washington to discuss mutual clean energy transition issues as well as natural gas supply and pricing issues
30th anniversary of the signing of the Maastricht Treaty which laid the foundation for EU and monetary union.
> Economic Events -
China January services and composite PMI
Japan preliminary December leading index
Germany December industrial production
US December consumer credit
Indonesia GDP
Singapore Markit PMI Composite
European Central Bank President Christine LaGarde speaks at EU Parliament Committee on Economic and Monetary Affairs hearing
Tuesday, February 8:
> Political Events -
French President Emmanuel Macron to meet Ukrainian President Volodymyr Zelensky in Kyiv, Ukraine
Thailand to host and chair first round of 2022 meetings for Asia-Pacific Economic Cooperation forum through Feb. 27
European Commission to unveil proposal for Chips Act
Libya's House of Representatives to vote on new prime minister
> Economic Events -
Italy December retail sales
France December trade balance figures
US December trade balance
Japan Household Survey, January Economy Watchers Report
Hong Kong Market PMI Composite
Malaysia Industrial Production and Manufacturing Sales
National Bank of Poland monetary policy committee meets
Wednesday, February 9:
> Political Events -
Zbigniew Rau, Polish Foreign Minister and Organization for Security and Co-operation in Europe Chairman-in-Office, to arrive in Ukraine for a working visit through Feb. 11.
Treason trial against Kem Sokha, leader of Cambodia's former main opposition party, resumes
EU Health Ministers hold informal meeting to discuss initiatives related to various topics
> Economic Events –
US wholesale inventories report
Japan preliminary January machine tool orders, January PPI
Germany December trade balance
Italy December industrial production
Russia CPI figures
Reserve Bank of India monetary policy decision
Bank of Thailand monetary policy decision
Thursday, February 10:
> Political Events -
Russia and Belarus military conduct joint drills “Union Resolve” for 10 days
India’s Uttar Pradesh – India’s most populous state - holds legislative elections until March 7th
The Philippines to allow fully vaccinated international tourists to enter without quarantine
Spain to lift requirement to wear face masks outdoors
> Economic Events -
US January CPI weekly initial jobless claims, monthly budget statement
OPEC monthly oil market report
Japan domestic corporate goods index for January
Monetary policy decisions from Bank Indonesia
Monetary policy decisions from Bank of Mexico
European Commission publishes economic forecasts
South Korean Current Account Balance
Bank of Indonesia monetary policy decision
Friday, February 11:
> Political Events –
Myanmar leader Aung San Suu Kyi's hearings on corruption charges to resume.
Hearing in the criminal case against former Ukrainian President Petro Poroshenko begins in Kyiv
Iran Revolution Day celebrating the 1979 Islamic uprising
> Economic Events –
US Consumer Sentiment
Germany Final CPI data
UK Q4 and December GDP plus trade balance
Taiwan CPI, Exports, Imports, Trade Balance
Malaysia GDP, Current Account Balance
India Industrial Production
Saturday, February 12:
> Political Events –
Venezuela’s opposition plans widespread protests against President Maduro’s regime
Hungarian Prime Minister Viktor Orban gives annual state of the nation speech
> Economic Events –
No reports/events of note
Sunday, February 13:
> Political Events -
German Federal Convention (Nundesversammlung) holds special Presidential Elections where Frank-Walter Steinmeier is expected to be re-elected by the Bundestag for a second term
US 56th Super Bowl played in Inglewood, California
> Economic Events –
No reports/events of note