The upcoming week is packed with significant events and decisions, from the European Central Bank’s rate decision to the EU-China summit, alongside a flurry of earnings reports including those from Alphabet. On Monday, Japan observes the Marine Day holiday, with markets closed. Over the weekend, Japanese voters will assess Prime Minister Shigeru Ishiba’s leadership in an upper house election. Meanwhile, the visit of Philippine President Ferdinand Marcos Jr. to the U.S. continues. Key economic indicators, such as China’s loan prime rates and New Zealand’s Q2 CPI, will be closely watched. In Germany, Chancellor Friedrich Merz and Finance Minister Lars Klingbeil are set to attend an investment alliance summit. UK Prime Minister Keir Starmer will appear before parliament’s liaison committee, and the Bank of Canada releases its Business Outlook Survey.
Tuesday will see the release of RBA minutes and the first sitting of Australia’s parliament since the federal election. Thailand is expected to announce its new central bank chief. The ECB will publish its Q2 Bank Lending Survey, and ECB President Christine Lagarde will meet with the European Investment Bank’s president. Bank of England Governor Andrew Bailey will be questioned on financial stability, and Fed Chair Jerome Powell will address a conference on regulatory capital.
On Wednesday, the Asian Development Bank will provide an economic outlook, and the Bank of Japan’s Deputy Governor will speak to business leaders. Sri Lanka’s rate decision and Eurozone consumer confidence data are also due. Former President Donald Trump is set to outline his AI priorities, while major companies like Alphabet, Tesla, and IBM report earnings.
Thursday’s highlights include the EU-China summit in Beijing, with European leaders meeting Chinese counterparts. The day will also feature global PMIs, South Korea’s GDP data, and several central bank meetings, including the ECB and CBRT. Key economic data from the U.S., Canada, Germany, and Spain will be released, along with earnings from Deutsche Bank, BNP Paribas, and Intel.
The week wraps up on Friday with the World Artificial Intelligence Conference opening in Shanghai. Japan’s Tokyo CPI figures will be released, alongside economic sentiment data from Germany and Italy. The ECB will publish forecasts on inflation and GDP growth. In the U.S., durable goods data will be released, and former President Trump is expected to visit Scotland. Additionally, Brazil’s CPI figures and Volkswagen’s earnings are on the agenda.
