Economic calendar for the week

18 May, 2020

The world is gradually moving out of quarantine: the "social distance" measures in Hong Kong are about to expire, the Indian authorities are preparing to announce new concessions in isolation, and Japan may cancel the emergency regime in megacities. Meanwhile, the chairman of the Federal Reserve will report to Congress on the implementation of financial assistance programs under the CARES law, which was adopted in response to the Covid-19 pandemic. 

Weekly calendar:

05/18/2020, Monday

  • GDP for the 1st quarter of 2020;
  • Non-working day in Canada.

05/19/2020, Tuesday

  • Fed Chairman Jerome Powell will speak to the US Senate;
  • UK unemployment in April.

05/20/2020, Wednesday

  • UK inflation. Consumer Price Index (CPI) for April;
  • EU inflation. Consumer Price Index (CPI) for April;
  • Canada inflation. Consumer Price Index (CPI) for April;
  • Protocol of the April meeting of the Fed;
  • US crude oil reserves.

05/21/2020, Thursday

  • PMI Manufacturing in the USA for May;
  • PMI manufacturing in England in May.

05/22/2020, Friday

  • PMI manufacturing in Germany in May.

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U.S. riots: curfews and troops imposed in 40 US cities3 Jun, 2020  

US authorities impose curfews in major cities due to riots that began with protests against the killing of an African American by police in Minneapolis...

American chaos and weak PMI1 Jun, 2020  

Riots intensify in the US. Clashes between protesters and police continued in the country's largest cities from New York to Los Angeles, forcing Inc. restrict...

Economic calendar for the week 1 Jun, 2020  

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Brexit: deadlock again28 May, 2020  

Recently the media reported that British Prime Minister Boris Johnson is planning to fly to Brussels in the second half of June. However, there are no special...

Swiss Bank sells off CHF28 May, 2020  

Yesterday, the head of the Swiss National Bank (SNB), Thomas Jordan, spoke about the state of the monetary policy in Switzerland - the main message is that now...

EU unveils 750 bln euro plan for coronavirus recovery28 May, 2020  

On Wednesday the European Commission announced an anti-crisis plan, under which it will pay the EU countries 750 billion euro, instead of 500 billion...

EU Antivirus Fund26 May, 2020  

The path to the euro's recovery is likely to be bumpy. Four European Union countries already nicknamed the "mean four" in the media are to blame. They categorically...

New sanctions and rising oil prices25 May, 2020  

Tensions between the US and China are growing. On Friday, the US Department of Commerce announced the blacklisting of 33 Chinese companies and...