Hi there and welcome to the working week.
There’s a shocking/stunning quantity of reports round for August, a month when historically diarised occasions are skinny on the bottom with parliaments in recess, colleges on vacation and firm bosses heading off for a break. The issue for this article author is that the depressingly never-ending wars within the Center East and Ukraine usually are not diarised — although it’s price noting that Monday is the seventy fifth anniversary of the signing of the fourth Geneva Convention, referring to the safety of civilians in time of battle.
So I’ll start by thanking the bean counters. The subsequent 5 days will present a splurge of financial information from China, Japan and the US plus a clear sweep of stats from the UK Workplace for Nationwide Statistics: month-to-month unemployment and inflation figures, second-quarter GDP and retail gross sales. After unnerving the markets with its labour market figures, the US publishes what will likely be a intently watched inflation information report, China will submit retail gross sales and industrial manufacturing figures whereas Japan gives a primary stab at its second-quarter GDP quantity.
What the response will likely be to all of those statistics is unknown. The identical might be stated of the announcement that Donald Trump will likely be interviewed by social media platform X proprietor Elon Musk on Monday. Extra essential, maybe, the previous US president has additionally agreed along with his Democratic get together rival Kamala Harris to a debate on September 10 on the US tv channel ABC, with different debates being mentioned.
The talk about UK college funding — and certainly whether or not it’s the greatest route for younger individuals — will even come to the fore on Thursday with A-level ends in England, Wales and Northern Eire deciding the destiny of hundreds of youngsters searching for locations on diploma programs. Full disclosure: I will likely be experiencing this for the primary time as a guardian with an 18-year-old hoping to get his first selection of college. My colleagues within the public coverage group have extra evaluation of the looming insolvencies crisis going through some establishments.
Apprenticeships will even be within the highlight within the UK, not least as a result of many dad and mom see diploma apprenticeships as a option to get their children by means of school debt free, with the employer funding the schooling charges. By coincidence, the most recent information on the variety of individuals choosing these programmes in England and Wales will likely be out on the identical day as the college examination outcomes.
As we strategy subsequent weekend, the anniversaries of V-J Day and independence for Indonesia and Singapore will present some set-piece speeches by new political leaders in these nations.
Lastly, on the theme of heading for a break, we’ve got a winding down of the livid exercise within the newest earnings season. This week’s ones to look at are tech firms (Alibaba, Tencent and Foxconn), massive retailers (notably Walmart) plus monetary companies firms (Aviva and UBS). Extra particulars under.
What are your priorities for the following seven days? Are you taking a break or working by means of? E mail me at jonathan.moules@ft.com or, in case you are studying this out of your inbox, hit reply.
Yet another factor . . .
A service that’s past this article’s remit is forecasting how inventory markets will react to key financial studies, as readers can have found final week.
Nonetheless, I can level you to wonderful FT evaluation on market turbulence. So let me encourage you to affix Robert Armstrong, chief US monetary commentator, and colleagues from Tokyo to London this Wednesday at 12pm BST for an FT subscriber webinar discussing the current turmoil and the place markets will go subsequent. Register to your subscriber go at ft.com/marketswebinar and submit your questions for the panel.
Key financial and firm studies
Here’s a extra full checklist of what to anticipate when it comes to firm studies and financial information this week.
Monday
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Opec August oil market report
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India: July client worth index inflation charge information
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UK: Chartered Institute of Personnel and Growth labour market outlook
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UK: Excessive Pay Centre publishes its annual survey of FTSE 100 chief govt pay ranges
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Outcomes: Marshalls HY
Tuesday
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Made by Google occasion, launching Google’s newest units, together with the Pixel smartphone. A teaser video launched in June stated “AI . . . meet IX”
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IEA August oil market report
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Germany: August ZEW survey
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UK: month-to-month labour market figures
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US: July producer worth index inflation charge information
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Outcomes: CSL FY, HelloFresh HY, Henkel HY, Residence Depot Q2, Simply Group HY, Porsche HY, Solar Life Monetary Q2
Wednesday
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EU: Q2 GDP, Q2 employment and June industrial manufacturing figures
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France: July CPI and harmonised index client costs inflation charge information
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Norway: Authorities Pension Fund International half-year report
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Pakistan: Independence Day. Monetary markets closed
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UK: July CPI and PPI inflation charge information
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US: July CPI inflation charge information
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Outcomes: Aviva HY, Balfour Beatty HY, Cisco Methods This fall, Commonwealth Financial institution of Australia FY, DFDS Q2, Eon HY, Foxconn Q2, Hapag-Lloyd HY, RWE HY, Tencent Holdings Q2, Thyssenkrupp Q3, Tui Q3, UBS Q2, Vestas Q2
Thursday
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China: July retail gross sales and industrial manufacturing figures
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India: Independence Day. Monetary markets closed
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Japan: Q2 GDP figures
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South Korea: Independence Day. Monetary markets closed
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UK: preliminary Q2 GDP figures
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Outcomes: Admiral HY, Alibaba Q1, Utilized Supplies Q3, Deere & Co Q3, Geberit HY, OSB HY, Rank FY, Walmart Q2
Friday
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Germany: Q2 labour market figures
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UK: July Nice Britain retail gross sales figures
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US: College of Michigan August client sentiment index
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Outcomes: Nationwide Australia Financial institution Q3 buying and selling replace, Kingspan HY
World occasions
Lastly, here’s a rundown of different occasions and milestones this week.
Monday
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Russia: Russian Air Power Day
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UK: The Superb Twelfth, opening day of the British grouse taking pictures season.
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US: former president Donald Trump anticipated to be interviewed by Elon Musk
Tuesday
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UN Safety Council Counter-Terrorism Committee (1373 Committee) formal assembly in New York
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US: pretrial convention for former Republican congressman George Santos on wire fraud and cash laundering expenses
Wednesday
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Switzerland: US-mediated ceasefire talks as a result of start between the Sudanese military and the paramilitary Fast Assist Forces. The African Union, Egypt, the United Arab Emirates and the UN are concerned as observers
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Turkey: Palestinian President Mahmoud Abbas begins a two-day go to, assembly President Recep Tayyip Erdoğan and addressing the parliament in Ankara
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UK: Edinburgh’s waste and recycling employees anticipated to start an eight-day strike, affecting the town’s world-famous arts pageant, in a dispute over pay
Thursday
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Belgium: a huge flower carpet within the central sq. of Brussels, created by Belgian flower growers, is unveiled. The show, on view till Sunday, has been a biennial custom since 1986, and this yr is a tribute to artwork nouveau
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India: Prime Minister Narendra Modi delivers a speech to mark the anniversary of his nation’s independence from British rule in 1947
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Japan: Emperor Naruhito and Prime Minister Fumio Kishida are as a result of converse at a ceremony to mark the 79th anniversary of Japan’s second world battle give up at Nippon Budokan
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UK: A-level outcomes day for colleges in England, Wales and Northern Eire
Friday
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Fifa/Coca-Cola Ladies’s World Soccer Rankings launched
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UK: English Premier League soccer season opens with Manchester United vs Fulham
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US: seventieth anniversary of Sports activities Illustrated, first printed by Time Inc
Saturday
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Indonesia: outgoing president Joko Widodo and ex-defence minister and incoming president Prabowo Subianto anticipated to attend celebrations of 79 years of independence within the new capital Nusantara
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Zimbabwe: Southern African Growth Group (SADC) summit of heads of state and authorities, assembly to debate financial development and improvement
Sunday
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Singapore: Prime Minister Lawrence Wong delivers the annual Nationwide Day Rally speech, his inaugural deal with after taking workplace on Could 15 as Singapore’s fourth prime minister, the nation’s first management change in 20 years
