Top Economic Calendar Events of the Week May 20-24

Time is in the GMT format for the following top events in the economic calendar.

On May 21, 2024, the economic calendar starts with the release of the RBA Meeting Minutes at 1:30 AM. This will be followed by the BoC Consumer Price Index Core (YoY) and the general Consumer Price Index (YoY) at 12:30 PM. Later in the day, at 5:00 PM, BoE’s Governor Bailey is scheduled to deliver a speech, which could provide insights into the Bank of England’s policy outlook.

The events on May 22, 2024, begin early with the RBNZ Interest Rate Decision and the RBNZ Monetary Policy Statement at 2:00 AM. An hour later, at 3:00 AM, the RBNZ Press Conference will provide further context to these decisions. At 6:00 AM, UK key inflation data will be released, including the Consumer Price Index (MoM), Consumer Price Index (YoY), and the Core Consumer Price Index (YoY). ECB’s President Lagarde is scheduled to speak at 8:00 AM, potentially offering updates on the European Central Bank’s stance. The BoE Monetary Policy Report Hearings are set for 1:15 PM, followed by the release of the FOMC Minutes at 6:00 PM, which will provide detailed insights into the Federal Reserve’s latest meeting. The day concludes with the release of Retail Sales (QoQ) at 10:45 PM.

On May 23, 2024, the focus will shift to US PMI data with the S&P Global Manufacturing PMI and S&P Global Services PMI both being released at 1:45 PM. In the evening, at 10:25 PM, RBNZ’s Governor Orr will deliver a speech, potentially discussing the recent monetary policy decisions and economic outlook.

The week wraps up on May 24, 2024, with the Retail Sales for UK (MoM) data release at 6:00 AM, providing a snapshot of consumer spending trends. Later, at 7:45 AM, SNB’s Chairman Jordan is scheduled to speak, which could offer insights into the Swiss National Bank’s policies and economic perspectives.