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Sunday, August 12, 2012

Europe and US: A few misc dates in September and October

by Calculated Risk on 8/12/2012 04:43:00 PM

A few miscelleneous dates (just making some notes).

First, for Europe it looks like September and October will be very busy (after the Europeans get back from vacation). Greece will be back in the headlines in October according to the WSJ: Troika to Spend 'All of September' in Greece -EU Official

"The mission in September will stay the whole month in order to report to the October Eurogroup," the official said, referring to the ministers' meeting scheduled to take place in Luxembourg on Oct. 8.
Here are a few key European dates:

• September 6th, Governing Council meeting of the European Central Bank in Frankfurt with a press conference to follow. ECB President Mario Draghi is expected to discuss how the ECB will help lower Spanish and Italian borrowing costs.

• September 12th, Germany's Constitutional Court is expected to rule on the new eurozone bailout fund and fiscal treaty.

• Mid-September: Euro-zone finance ministers' informal meetings in Nicosia.

• October 8th, Finance Ministers meeting in Luxembourg.

• European Council meeting, October 18th and 19th in Brussels.

And in the US:

• (Not key) Political conventions: Republicans August 27–30 in Tampa, and Democrats September 3–6 in Charlotte. The election is on November 6th.

• September 12th and 13th: the Federal Open Market Committee (FOMC) meets. After this meeting the FOMC will release updated Summary of Economic Projections, and Fed Chairman Ben Bernanke will hold a press conference. Major economic releases before the FOMC meeting: August 29th, second estimate of Q2 GDP, and September 7th, the August employment report.

Yesterday:
Summary for Week Ending Aug 10th
Schedule for Week of Aug 12th