Global Events Calendar - 2017
 Share
The version of the browser you are using is no longer supported. Please upgrade to a supported browser.Dismiss

 
View only
 
 
Still loading...
ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
2
1Q17
3
January 2017
4
DateCountryData / EventComments
5
JanuaryJapanPossible Japanese electionPersistent media speculation that Abe may call a general election in January
6
6 Jan 2017USNFP
FOMC SEP dots were recently raised because unemployment rate fell to 4.6%. Further decline in unemployment rate may imply a faster pace of Fed hikes than what's currently priced in the market
7
16 Jan 2017US4Q16 earnings season
First week of releasing 4Q16 earnings will start on 16 Jan 17. One may take note on the expectations for 2018 earnings, assuming Trump's policies are implemented in 2017 and start impacting in 2018
8
17 to 20 Jan 2017ChinaDecember 2016 activity data
4Q16 Chinese activity data was surprisingly strong and it's important that the Dec 2016 data continues to stay relatively healthy as monetary easing by Pboc remains difficult due to depreciation in onshore
RMB, capital outflows and continuation of burning FX reserves to slow down pace of weakening in currency
9
17 to 20 Jan 2017WorldWorld Econmic Forum in Davos
Topic of discussion will be 'Responsive and Responsible Leadership', agenda may likely include details on the rise of populism and impact of Trump's political stance and agenda after inauguration

https://www.weforum.org/agenda/2017/01/how-to-follow-davos-2017
10
18 Jan 2017USCPI
Current FOMC SEP dots show that there is still a minority dovish camp within the committee and the reason for the dove-hawk split is likely due to low inflation rate (dovish) and a tight labor market (hawkish).
If CPI number moves higher, then dovish camp may become concerned about Fed falling behind the curve causing a shift higher in dots plot and market repricing of rate hikes in 2017
11
19 Jan 2017EZECB rate announcementThe question remains that if economic activity / inflation starts picking up in 2017, will ECB taper its QE? And how will political risks affect the price of euro fx?
12
20 Jan 2017USTrump's inaugration
Markets have been pricing in the positives than negatives since Trump became the President-elect in Nov 2016, however, if Trump really decides to pursue US-centric and inward-looking policies after
inauguration, then this will be a headwind to markets. It's important to watch the reaction of Asian markets (especially China). Moreover, Trump appears to want to make peace with Russia and at the
same time, keeping China in check
13
22 Jan 2017FranceFirst round French socialist primaries
Republican candidate Fillon may be too conservative for some centrists and hence, after Hollande decided not to stand, it becomes possible that if a strong voice rises on the Left then he/she can emerge
as the main contender in the Presidential runoff facing Marine Le Pen
14
24 Jan 2017ItalyConstitutional court hearing on electoral lawChanges to electoral law (Italicum) will define chances of anti-establishment parties coming to power in parliament
15
28 Jan 2017ChinaChinese New YearIf iliquidity concerns persists in China through January, it could then be exacerbated by seasonal low liquidity around Chinese New Year
16
29 Jan 2017Second round French socialist primaries
Republican candidate Fillon may be too conservative for some centrists and hence, after Hollande decided not to stand, it becomes possible that if a strong voice rises on the Left then he/she can emerge
as the main contender in the Presidential runoff facing Marine Le Pen
17
31 Jan 2017JapanBOJ rate announcement
BOJ likely to stand pat throughout 2017 while maintaining yield curve control policy. Note that YC control policy (i.e. yield targeting to 'peg' 10y at 0.0%) is procyclical, which causally implies that if
growth / inflation dynamics improve, the 10y yield rises and BOJ is tasked to buy JGBs from local primary dealers to maintain the 'peg'. The converse is true
18
19
February 2017
20
DateCountryData / EventComments
21
2 Feb 2017USFOMC rate announcement
If US labor market tightens further and/or inflation rising faster than expected and coupled with Trump's fiscal stimulus plans would likely mean that Fed is behind the curve and Fed may be forced to increase
the pace rate hiking cycle and this stregthens the USD and further tightens financial conditions globally. Consequently, this likely further worsens the economics in EMs and Asia
22
2 Feb 2017UKBOE MPCOutcome, Minutes and Inflation Report
23
3 Feb 2017USNFP
FOMC SEP dots were recently raised because unemployment rate fell to 4.6%. Further decline in unemployment rate may imply a faster pace of Fed hikes than what's currently priced in the market
24
12 Feb 2017GermanyPresidential election
The clear favourite to win is Walter Steinmeier, the current CDU/CSU Minister of Foreign Affairs and previous Vice Chancellor. With that said, the (likely September) general election is far more important
25
15 Feb 2017USCPI
Current FOMC SEP dots show that there is still a minority dovish camp within the committee and the reason for the dove-hawk split is likely due to low inflation rate (dovish) and a tight labor market (hawkish).
If CPI number moves higher, then dovish camp may become concerned about Fed falling behind the curve causing a shift higher in dots plot and market repricing of rate hikes in 2017
26
27
March 2017
28
DateCountryData / EventComments
29
MarchChinaNational People's CongressKey economic targets will be set for GDP, CPI, Fixed Asset Investment, Retail Sales, M2 Money Supply and Total Social Financing
30
MarchEU
EU Leaders' Summit, Article 50 may be triggered
Economic impact of Brexit has been limited thus far, however, may begin to weigh to a greater extent once Article 50 is triggered
31
9 Mar 2017EZECB rate announcement
The question remains that if economic activity / inflation starts picking up in 2017, will ECB taper its QE? And how will political risks affect the price of euro fx?

Updated economic forecasts will be released at this meeting
32
10 Mar 2017USNFP
FOMC SEP dots were recently raised because unemployment rate fell to 4.6%. Further decline in unemployment rate may imply a faster pace of Fed hikes than what's currently priced in the market
33
15 Mar 2017NetherlandsGeneral election
Geert Wilders' PVV party wants a referedum on Euro membership and is currently on ~30% support. It seems unlikely he's able to garner support from coalition partners to support his call for referendum
34
15 Mar 2017USCPI
Current FOMC SEP dots show that there is still a minority dovish camp within the committee and the reason for the dove-hawk split is likely due to low inflation rate (dovish) and a tight labor market (hawkish).
If CPI number moves higher, then dovish camp may become concerned about Fed falling behind the curve causing a shift higher in dots plot and market repricing of rate hikes in 2017
35
16 Mar 2017USFOMC rate announcement
If US labor market tightens further and/or inflation rising faster than expected and coupled with Trump's fiscal stimulus plans would likely mean that Fed is behind the curve and Fed may be forced to increase
the pace rate hiking cycle and this stregthens the USD and further tightens financial conditions globally. Consequently, this likely further worsens the economics in EMs and Asia

This meeting includes SEP and press conference by Fed chair
36
16 Mar 2017JapanBOJ rate announcement
BOJ likely to stand pat throughout 2017 while maintaining yield curve control policy. Note that YC control policy (i.e. yield targeting to 'peg' 10y at 0.0%) is procyclical, which causally implies that if
growth / inflation dynamics improve, the 10y yield rises and BOJ is tasked to buy JGBs from local primary dealers to maintain the 'peg'. The converse is true
37
16 Mar 2017UKBOEMPC outcome and minutes
38
16 Mar 2017USDebt ceiling to be reinstatedThe debt limit has been suspended since late 2015 but is due to be reinstated on this date
39
17 to 18 Mar 2017G20G20 Fin Min / Cen Bank Govs' MeetingFed rate hikes and its implications on global growth likely to be key topics. Fiscal policy may be disccused again to do the heavy lifting to stabilize / boost growth
40
26 Mar 2017HKCEO Election
41
42
2Q17
43
April 2017
44
DateCountryData / EventComments
45
AprilUS
US Treasury publishes semi-annual currency report
As per Trump's proposition during his election campaign, will he exert pressure on US Treasury to label China as a 'currency manipulator'? Note that the previous currency report highlighted that the five major
trading partners of US (i.e. China, Korea, Japan, Taiwan and Germany) satisfy two of the three criteria for "enhanced bilateral agreement" consultation

The three criteria defined for enhanced consultation as below:
1) Bilateral trade surplus (with the US) larger than USD 20bn (~0.10% of US GDP)
2) Total current account surplus larger than 3.0% of the economy's GDP
3) Engaging in persistent FX intervention amounting to repeated net purchases of the foreign currency amounting to more than 2.0% of GDP over the year

Five major trading partners of US meeting two out of the three criteria for enhanced consultation:
1) China, Japan, Germany, and Korea are identified as a result of a material current account surplus and a significant bilateral trade surplus with the US
2) Taiwan is identified due to her material current account surplus and persistent FX intervention
46
7 Apr 2017USNFP
FOMC SEP dots were recently raised because unemployment rate fell to 4.6%. Further decline in unemployment rate may imply a faster pace of Fed hikes than what's currently priced in the market
47
14 Apr 2017USCPI
Current FOMC SEP dots show that there is still a minority dovish camp within the committee and the reason for the dove-hawk split is likely due to low inflation rate (dovish) and a tight labor market (hawkish).
If CPI number moves higher, then dovish camp may become concerned about Fed falling behind the curve causing a shift higher in dots plot and market repricing of rate hikes in 2017
48
19 Apr 2017IranPresidential Election
49
23 Apr 2017FrancePresidential Election First RoundNational front's Marine Le Pen is expected to get through the first round. However, who will her opposition be? (Francois Fillon?)
50
27 Apr 2017JapanBOJ rate announcement
BOJ likely to stand pat throughout 2017 while maintaining yield curve control policy. Note that YC control policy (i.e. yield targeting to 'peg' 10y at 0.0%) is procyclical, which causally implies that if
growth / inflation dynamics improve, the 10y yield rises and BOJ is tasked to buy JGBs from local primary dealers to maintain the 'peg'. The converse is true
51
28 Apr 2017USBudget resolutions
Budget resolutions are projections by US congress on their 10-year budget. With Trump promising a large fiscal stimulus package via tax cuts and infrastructure spending, how would congress respond to it?
As such, if we assume due to budget constraints that Trump can only implement part of his fiscal plan, then what are the implications for the market and how will Yellen respond to it via the pace of Fed's rate
hiking cycle?
52
53
May 2017
54
DateCountryData / EventComments
55
4 May 2017USFOMC rate announcement
If US labor market tightens further and/or inflation rising faster than expected and coupled with Trump's fiscal stimulus plans would likely mean that Fed is behind the curve and Fed may be forced to increase
the pace rate hiking cycle and this stregthens the USD and further tightens financial conditions globally. Consequently, this likely further worsens the economics in EMs and Asia
56
5 May 2017USNFP
FOMC SEP dots were recently raised because unemployment rate fell to 4.6%. Further decline in unemployment rate may imply a faster pace of Fed hikes than what's currently priced in the market
57
7 May 2017FrancePresidential Election Second RoundStreet consensus is that Fillon will defeat Le Pen (this was written on 6 Jan 2017)
58
11 May 2017UKBOE MPCOutcome, Minutes and Inflation Report
59
12 May 2017USCPI
Current FOMC SEP dots show that there is still a minority dovish camp within the committee and the reason for the dove-hawk split is likely due to low inflation rate (dovish) and a tight labor market (hawkish).
If CPI number moves higher, then dovish camp may become concerned about Fed falling behind the curve causing a shift higher in dots plot and market repricing of rate hikes in 2017
60
25 May 2017OPECRegular OPEC meeting, Vienna, AustriaThe OPEC deal struck in November 2016 (lasting for six months), will be reviewed during this meeting
61
62
June 2017
63
DateCountryData / EventComments
64
JuneChinaMSCI Market Classification ReviewMSCI will announce the result of the China A-shares inclusion proposal, as part of the 2017 Market Classification Review in June 2017
65
JuneEZECB forum on central bankingEquivalent to Jackson Hole Conference
66
2 June 2017USNFP
FOMC SEP dots were recently raised because unemployment rate fell to 4.6%. Further decline in unemployment rate may imply a faster pace of Fed hikes than what's currently priced in the market
67
8 June 2017EZECB rate announcement
The question remains that if economic activity / inflation starts picking up in 2017, will ECB taper its QE? And how will political risks affect the price of euro fx?

Updated economic forecasts will be released at this meeting
68
11 and 18 June 2017FranceLegislative electionsLikely to give a strong majority to the party of the newly-elected President
69
14 June 2017USCPI
Current FOMC SEP dots show that there is still a minority dovish camp within the committee and the reason for the dove-hawk split is likely due to low inflation rate (dovish) and a tight labor market (hawkish).
If CPI number moves higher, then dovish camp may become concerned about Fed falling behind the curve causing a shift higher in dots plot and market repricing of rate hikes in 2017
70
15 June 2017USFOMC rate announcement
If US labor market tightens further and/or inflation rising faster than expected and coupled with Trump's fiscal stimulus plans would likely mean that Fed is behind the curve and Fed may be forced to increase
the pace rate hiking cycle and this stregthens the USD and further tightens financial conditions globally. Consequently, this likely further worsens the economics in EMs and Asia

This meeting includes SEP and press conference by Fed chair
71
15 June 2017UKBOEMPC outcome and minutes
72
16 June 2017JapanBOJ rate announcement
BOJ likely to stand pat throughout 2017 while maintaining yield curve control policy. Note that YC control policy (i.e. yield targeting to 'peg' 10y at 0.0%) is procyclical, which causally implies that if
growth / inflation dynamics improve, the 10y yield rises and BOJ is tasked to buy JGBs from local primary dealers to maintain the 'peg'. The converse is true
73
74
75
3Q17
76
July 2017
77
DateCountryData / EventComments
78
JulyUSHumphrey-Hawkins TestimonyYellen will testify on the US economy before congress (both to the House of Representatives and the Senate)
79
7 to 8 July 2017G20G20 Leaders' SummitPossible topics of dicussion: Trump's policies, geopolitical tensions, rise of populism and protectionism
80
20 July 2017JapanBOJ rate announcement
BOJ likely to stand pat throughout 2017 while maintaining yield curve control policy. Note that YC control policy (i.e. yield targeting to 'peg' 10y at 0.0%) is procyclical, which causally implies that if
growth / inflation dynamics improve, the 10y yield rises and BOJ is tasked to buy JGBs from local primary dealers to maintain the 'peg'. The converse is true
81
27 July 2017USFOMC rate announcement
If US labor market tightens further and/or inflation rising faster than expected and coupled with Trump's fiscal stimulus plans would likely mean that Fed is behind the curve and Fed may be forced to increase
the pace rate hiking cycle and this stregthens the USD and further tightens financial conditions globally. Consequently, this likely further worsens the economics in EMs and Asia
82
Mid summer / mid fallUSHard debt ceilingThe issue of hard debt ceiling may surface in summer. Once the hard debt ceiling is in focus, the congress must raise / suspend / remove the debt ceiling so as not to risk default
83
84
August 2017
85
DateCountryData / EventComments
86
AugustUSJackson Hole Economic Policy Symposium-
87
August to OctoberGermany Federal electionThe street consensus is for Merkel to remain in power
88
3 Aug 2017UKBOE MPCOutcome, Minutes and Inflation Report
89
90
September 2017
91
DateCountryData / EventComments
92
AutumnChina19th National Party Congress
An important meeting to announce changes to the composition of the top leadership of the Chinese Communist Party, with a majority of the Politburo Standing Committee expected to retire at the congress
93
7 Sep 2017EZECB rate announcement
The question remains that if economic activity / inflation starts picking up in 2017, will ECB taper its QE? And how will political risks affect the price of euro fx?

Updated economic forecasts will be released at this meeting
94
14 Sep 2017UKBOEMPC outcome and minutes
95
21 Sep 2017USFOMC rate announcement
If US labor market tightens further and/or inflation rising faster than expected and coupled with Trump's fiscal stimulus plans would likely mean that Fed is behind the curve and Fed may be forced to increase
the pace rate hiking cycle and this stregthens the USD and further tightens financial conditions globally. Consequently, this likely further worsens the economics in EMs and Asia

This meeting includes SEP and press conference by Fed chair
96
21 Sep 2017JapanBOJ rate announcement
BOJ likely to stand pat throughout 2017 while maintaining yield curve control policy. Note that YC control policy (i.e. yield targeting to 'peg' 10y at 0.0%) is procyclical, which causally implies that if
growth / inflation dynamics improve, the 10y yield rises and BOJ is tasked to buy JGBs from local primary dealers to maintain the 'peg'. The converse is true
97
98
99
4Q17
100
October 2017
Loading...
 
 
 
Sheet1