This article is a live version of our The Week Ahead newsletter.register here Send the newsletter directly to your inbox every Sunday

Hello and welcome to work week.

In London, autumn is particularly vibrant due to sunny and mild days, encouraging people to walk out of the streets and parks covered with golden leaves. But change is coming. According to the weather calendar, Wednesday is the first day of winter in northern hemisphere countries.

Seasons are not the only things that change. The next 7 days will be important moments for several countries.

Barbados officially became a republic on Tuesday.The ceremony officially ends Queen ElizabethAs a constitutional monarchy, Barbados was enacted when it gained independence in the 1960s after three centuries as a British colony.

Her Majesty the Queen will not attend-due to reduced overseas travel rather than diplomatic reasons-so Prince Charles will be present as her representative. Barbados will remain part of the Commonwealth.

Elsewhere, the Gambia holds presidential elections and London will hold by-elections-which may indicate public sentiment after several mistakes by British Prime Minister Boris Johnson-and, more easily, Germany has ushered in the winter in the annual general election. . Stollen Festival.

December 1st is the key date for the policy changes of the British government. On Wednesday, the declining rate of universal credit benefit payments — the amount someone draws for every pound earned — will fall from 63 pence to 55 pence. The move was announced by the Chancellor of the Exchequer, Rishi Sunak. Cut the 20 pound increase Among the payments made at the beginning of the pandemic, this move was severely criticized.

There are also some landmark Financial Times events worth mentioning. On Wednesday, the winners of the 17th annual Financial Times and McKinsey Business Book of the Year will be announced at an awards ceremony in London.You can see a short list of titles selected by the Dear Panel click here.

The annual Global Banking Summit of the British “Financial Times” was also held in multiple locations this week to discuss the future of the industry after the pandemic. click here Register your location.

A constant change this week is that I am interested in what you think about this newsletter-email me [email protected].

Economic data

The statistician is busy at the end and beginning of every calendar month, not just every quarter. This week, there will be an opportunity to compare the status of major economies through purchasing managers’ index data in the manufacturing and service industries, US employment data and consumer confidence data, inflation reports in the Eurozone and individual European countries, and industrial production data. For Japan and South Korea.

Also pay attention to Turkey’s large amounts of data-inflation, third-quarter GDP data and the country’s trade balance-given last week’s depressed.

The schedule of activities is also busy with various OPEC meetings, the publication of the Fed’s Beige Book and testimony from the Fed. Newly appointed Jay Powell in Care Act Relief Act, And the latest OECD Economic Outlook Report.

company

Another season is coming to an end: the quarterly company report.There are only a few earnings updates in the next 7 days-mainly Toronto-Dominion Bank with EasyjetFor low-cost airlines, this is a difficult pandemic, but the UK has relaxed cross-border travel restrictions in Europe, which will help EasyJet’s revenue.

Major economic and company reports

Below is a more complete list of company reports and economic data this week.

on Monday

  • Eurozone consumer confidence data

  • Italy, monthly producer price index (PPI) data

  • Germany, Consumer Price Index (CPI) data

  • Japan, industrial production data and monthly employment rate

  • UK, Bank of England releases consumer credit and mortgage data

Tuesday

  • Canada, monthly GDP

  • China, Caixin Manufacturing Purchasing Managers Index (PMI) data

  • European Union, the initial value of Eurozone inflation data

  • France, third quarter GDP and interim CPI data

  • Germany, monthly unemployment data

  • India, quarterly GDP

  • Italy, third quarter GDP

  • Microsoft Annual General Meeting of Shareholders (held online)

  • United Kingdom, British Retail Association Monthly Economic Bulletin

  • US, monthly consumer confidence data

  • result: Easyjet Wind and cloud

Wednesday

  • Eurozone, France, Germany, Italy, United Kingdom, United States: IHS/Markit Manufacturing Purchasing Managers Index Data

  • Germany, retail sales data

  • Central Bank of Mexico’s quarterly report on inflation and growth forecasts

  • OECD Economic Outlook

  • Monthly store price index and national house price data of the United Kingdom and the British Retail Association

  • In the United States, the Federal Reserve issued a Beige Book to comment on the current economic situation

  • result: Royal Bank of Canada Wind and cloud

Thursday

  • Brazil, third quarter GDP

  • EU, industrial producer prices and unemployment data

  • The European Central Bank General Council meets in Frankfurt

  • Italy, monthly unemployment data

  • United Kingdom, third quarter household finance review

  • result: Toronto-Dominion Bank Wind and cloud

Friday

  • Brazil, industrial production data

  • Canada, monthly unemployment data

  • China, Eurozone, France, Germany, Italy, United Kingdom, United States: Caixin and IHS/Markit Service Industry Purchasing Managers Index Data

  • EU, retail sales data

  • France, industrial production index

  • United Kingdom, National Bureau of Statistics data on the profitability of British companies

  • U.S., monthly unemployment rate and non-agricultural employment data

  • result: Orubis Wind and cloud

World events

Finally, here is a summary of other events and milestones this week.

on Monday

  • Cyber ??Monday is so called because online retailers prepare for large orders on the busiest day of the year before Christmas

  • The talks between Iran and the six world powers aimed at resuming the 2015 nuclear agreement will resume in Vienna

  • The UK, British Fashion Awards ceremony was held at the Royal Albert Hall in London

  • In the United States, the trial of Jeffrey Epstein’s former colleague and girlfriend Gislain Maxwell will begin in New York

Tuesday

  • Barbados, the former British colony became a republic, ending the queen’s role as a constitutional monarchy since the island became independent in the 1960s.

  • Scotland celebrates St Andrew’s Day

  • The U.S. Senate Banking, Housing and Urban Affairs Committee will hear testimony from Federal Reserve Chair Jay Powell and Treasury Secretary Janet Yellen on the Care Act

Wednesday

  • The first day of meteorological winter in the northern hemisphere

  • India assumes the rotating presidency of the G20 in 2022

  • Andrew Bailey, Governor of the Bank of England, gave a speech at the Institute of Actuaries and Colleges on “Providing Protection for Policyholders in Insurance Regulation”.

  • United Nations Commemorates World AIDS Day

Thursday

  • In the United Kingdom, after the death of James Brokenshire, who has been a Conservative Member of the Constituency since 2010, the by-elections of Old Bexley and Sidcup

  • In the United Kingdom, the Turner Art Prize was announced at the Herbert Art Gallery and Museum in Coventry-City of British Culture 2021.

Friday

  • United Kingdom, economist and external member of the Monetary Policy Committee Michael Sanders speaks at the “Inflation and Monetary Policy Outlook” event hosted by the Bank of England

  • In the United States, the deadline set by Congress itself continues to provide funding for government operations, otherwise it will face a partial shutdown, which will be a political embarrassment for President Joe Biden’s Democrats

Saturday

  • Gambia presidential election

  • Germany, the annual Stollenfest, celebrating traditional Christmas pastries, begins in Dresden

  • Only this year’s total solar eclipse can be seen from Antarctica-and the last total solar eclipse until 2023

  • United States, SpaceX Falcon 9 rocket launches Dragon Cargo Replenishment mission to the International Space Station

Sunday

Long story short — The biggest story and best reading in a smart email.register here

Britain after Brexit — As the UK economy adapts to life outside the EU, keep abreast of the latest developments.register here



Source link