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Business Calendar: Xi part three and a DC spree

Reuters Videos
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2 個月前

STORY: From a new term for Xi Jinping, to a big get-together in Washington, we round up the business and finance stories to watch in the days ahead.

Chinese President Xi Jinping is set to be appointed to an unprecedented third five-year term as supreme leader.

Investors hope the Communist Party Congress will offer a roadmap out of draconian lockdowns.

They’ll also look for any new moves in the “common prosperity” effort that has already rocked the real estate and tech sectors.

U.S. inflation numbers on Thursday could raise or dash hopes that the Fed can start slowing down rate hikes.

Retail sales and consumer sentiment figures a day later will show how shoppers are coping with rising prices.

Jobs and GDP numbers will gauge UK economic health, with industrial output and trade balance data also due.

The end of emergency bond buying by the Bank of England on Friday will test whether market jitters over the country have eased.

Credit Suisse remains in the spotlight, amid concerns over its finances.

The Swiss bank has announced a bond buyback in a bid to calm nerves.

But investors want to know the details of a recovery plan, and how it might be financed.

And a who’s who of finance and banking will descend on Washington for the IMF and World Bank annual meeting.

Developing nations want to know what help they can get with food and energy price shocks.

Ukraine wants a bespoke funding package.

And central banks everywhere want relief from the surging dollar.

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