20th May - US Open

Heavy week in central bank speeches. Wednesday’s testimony and minutes in US, and Draghi’s speech on Thursday are the most important ones. Key macro numbers of the week will be the flash PMI’s on Thursday and German IFO on Friday. The EZ current account data on Wednesday and consumer confidence on Thursday are also notable.

 

Mon 20-May

FED Evans 17:00 GMT

Tue 21-May

US Treasury Lew 14:00 GMT

FED Bullard 15:30 GMT

SNB Jordan 16:30 GMT

BOC Carney 16:45GMT

FED Dudley 17:00 GMT

Wed 22-May

BOJ Rate decision, press conference

BOE MPC meeting minutes 08:30 GMT

SNB Jordan 10:00 GMT

ECB Praet 14:00 GMT

US Treasury Lew 14:00 GMT

FED Bernanke testimony 14:00 GMT

  Economic Outlook Before the Joint Economic Committee, U.S. Congress

FED FOMC meeting minutes 18:00 GMT

Thu 23-May

ECB Cœuré 12:50 GMT

ECB Draghi 19:30 GMT

Fri 24-May

ECB Constâncio 12:30

Previously on MoreLiver’s:

Monday EU Open: Heavy week ahead

Credit Guest: It's a Wonderful Life

Weekender: Linkfest

Weekender: Weekly Support

Weekender: Best of the week

Follow ‘MoreLiver’ on Twitter or Facebook

Roundups & Commentary

Frontrunning – ZH

Overnight: Japan Yen Jawboning In Light Trading Session – ZH

The Lunch Wrap – alphaville / FT

Emerging N.Y. headlines – beyondbrics / FT

Daily press summary – Open Europe

Morning MoneyBeat: Stock Investors Have Green Light – WSJ

Morning Bond Update – TradingFloor

Amari and Holidays Spur Consolidation in FX – Marc to Market

Morning Briefing (EU/US): A Turning Point? – BNY Mellon

  Looking at the bigger picture for the USD index

EUROPE

Euro Could Be Shot Down Now – WSJ

Thinking the Unthinkable: Quitting a Currency – WSJ

Howarth: It's Crunch Time for Britain and the EU – Open Europe

Lidington: national parliaments could be given a 'red card' over EU proposals – Open Europe

German Wages and Portuguese Competitiveness – Krugman / NYT

It's the euro, not the market.

Portugal: ‘Most Portuguese want to renegotiate or end the troika deal’ – Presseurop

Greece Isn’t Turning the Corner – View / BB

ASIA

The risk of a Japanese VaR shock – alphaville / FT

JP Morgan’s always interesting Flows & Liquidity team have weighed in on the great Japanese yield panic.

Assessing Abenomics – alphaville / FT

There’s evidence that the JGB price rises are motivated by positive factors — inflation rate expectations — and not just dumping JGBs…there is a big element of timing here. And it’s too early to assess Abenomics.

OTHER

BIS and IMF attacks on quantitative easing deeply misguided warn monetarists – The Telegraph

Monetarists across the world have warned that the IMF and the BIS are making an historic error by calling for a withdrawal of emergency stimulus before the global economy has fully recovered.

FINNISH

Slovenia: Seuraava heinäsirkkalauman kohde? – Juha Remes / US Puheenvuoro