The Global Week Ahead

The G7 Leaders’ Summit Convenes, US and Chinese Trade Negotiations Begin Yet Again, Trump’s Birthday Parade, Pope Leo’s First Address to the US, and China’s Inflation Figures

June 8 - 15, 2025

The big geopolitical event of the week is the G7 Leaders’ Summit being held in Alberta, Canada.  This will be President Trump’s first trip to Canada since being re-elected and since he placed tough tariffs on the country.   

The overall G7 agenda, as outlined by Canadian Prime Minister Mark Carney, is to focus on several broad themes – “protecting our communities and the world, building energy security and accelerating digital transition, and securing the partnerships of the future.”  But the real focus will be trade and how to get to an end-game with the Trump tariff changes as well as discussing the opportunities and threats of AI. 

But a lot of other major action will be taking place at the Summit including a possible meeting between Ukrainian President Volodymyr Zelensky and President Trump – the first meeting between the two leaders since their disastrous meeting at the White House on February 28th. 

On Monday, US Secretary of Treasury Scott Bessent, Commerce Secretary Howard Lutnick, and US Trade Representative Jamison Greer will travel to London for talks with Chinese trade negotiators to try to and get trade talks back on track.   The meetings are the result of a telephone conversation between President Trump and Chinese President Xi Jinping this past week.  There had been a 90-day pause on Trump’s China tariffs but that quickly fell apart after the US added new guidance on preventing Chinese semiconductor chips to be sold in the US. 

Elsewhere this week, two big no-confidence votes are being held on Wednesday.  The first in Poland on the heels of last week’s presidential elections.  The Polish Parliament is likely to hold a no-confidence vote on Prime Minister Donald Tusks government and there is a fairly good chance it will go through, forcing new parliamentary elections.  

Meanwhile, Israel’s opposition parties will try to force a no-confidence vote in a bid to force new elections and push Prime Minister Benjamin Netanyahu from office.  Current polling suggest Netanyahu would lose if elections were held today as many voters appear unhappy with the ongoing Gaza war.  Additionally, two of Netanyahu’s coalition parties – both representing ultra-Orthodox voters – are threatening to withdraw their support unless there is a last-minute agreement giving an exemption to ultra-Orthodox men from military service.

Back in Washington, the US Senate will continue to work on the One Big Beautiful Bill Act (OBBA) – otherwise known as the Reconciliation bill – as a number of House Republican members who voted for the measure are now publicly expressing regret as the bill is now expected to add as much as $4 trillion to the federal deficit.   But the big news was Elon Musk’s extraordinary public spat with President Trump which began when Musk tweeted out his disgust with the size and shape of OBBA and then went on to criticize Trump – and even call for his impeachment – for supporting the bill in its current format.   We expect the US Senate to move to change a number of market-sensitive provisions – including Section 899 which would allow Treasury to place retaliatory taxes on foreign companies as well as the state and local (SALT) provisions which the House raised to $40,000 but is facing a host of criticism from Republicans.  We continue to hold the view reaching a final deal on OBBA is going to take much longer than the Trump Administration is hoping for – July 4th is the stated goal – and is likely to be scaled back in order to get enough Republican support. 

And finally, this week will see two big events in the US this Saturday: President Trump’s birthday parade on Friday in Washington that will simultaneously celebrate the 250th anniversary of the US Army.   The parade will take place along Constitution Avenue in Washington.   The second big event will be in Chicago where newly elected Pope Leo XIV will address via video to a sold-out (40,000+) Rate Stadium  (where the Holy Father’s beloved White Sox play).  This will be the Holy Father’s first official address to the United States. 

Looking at the global economic radar screen, the big events of the coming week are – aside from the G7 Meeting – China’s trade data and inflation figures and the US’s May CPI print.

The US CPI is out on Wednesday and PPI is out on Friday – both of which will be an important indicator for how the Federal Reserve may move during the FMOC meeting the following week and the overall impact of the Trump tariffs since Liberation Day.  Also out in the US this week is the Univeristy of Michigan June consumer sentiment survey on Friday.  There are no Fed speeches this week as the Fed has gone into their “Blackout Period” in advance of the FMOC meeting.

In Europe, UK Chancellor Rachel Reeves will be delivering the Spending Review to Parliament on Wednesday, revealing the spending priorities of  Prime Minister Starmer’s government.  It will include plans for spending more than £600 billion on public services – 1/5 of the total British economy.  In the EU this week, there are a large number of European Central Bank speeches including ECB President Christine Lagarde speaking in Beijing. 

Bringing it back to Asia, Japan releases the May Economy Watchers Survey on Monday and the PPI on Wednesday.   But markets are mostly focused on China’s inflation and trade figure releases on Monday to get a sense how deeply the Trump tariffs have impacted the economy. 

Below are all the other major geopolitical and geoeconomic events we are tracking this coming week:

Sunday, June 8, 2025

Global

·       Today is Pentecost, a major feast in the Christian church marking the 50th day of Easter.

Americas

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Nothing significant to report.

Asia

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Nothing significant to report.

Europe

Political/Social Events –

·       Italy is set to hold a Constitutional referendum and run-off elections for regional elective office through Monday.  The Constitutional referendum concerns changes to the law on the acquisition of Italian citizenship for foreign residents and repeals some provisions on employment as passed by the 2025 Jobs Act law.

·       EU President Ursula von der Leyen participates in the 2025 UN Ocean Conference Leaders dinner in Paris, France.  She will speak at the conference tomorrow.

Economic Reports/Events –

·       European Central Bank Board Member Pedro Machado participates in a panel discussion at the 31st Dubrovnik Economic Conference of Hrvatska Narodna Banka in Dubrovnik, Croatia.

Middle East

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Israel Business Confidence (May)/ Tourist Arrivals (May)

·       Jordan Unemployment Rate Q1

Africa

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Nothing significant to report.

Monday, June 9, 2025

Global

·       The 2025 UN Ocean Conference begins in Nice, France and runs through June 13.  This is the first UN Ocean Conference since the 2022 conference in Lisbon (Portugal). It will also be the first conference since the historic Agreement on Biodiversity Beyond National Jurisdiction, also known as the High Seas Treaty.

·       The International Atomic Energy Agency (IAEA) Board of Governors meet in Vienna, Austria through June 13.

Americas

Political/Social Events –

·       US Secretary of the Treasury Scott Bessent, Commerce Secretary Howard Lutnick, and US Trade Representative Jamison Greer will travel to London for renewed trade talks with China. Chinese Vice Premier He Lifeng will lead the Chinese delegation.

·       The Trump Administration’s response to a Federal Appeals Court regarding tariff authority is due to be filed.

·       President Trump’s travel ban on 12 countries goes into effect.  The countries include Afghanistan, Myanmar, Chad, the Republic of the Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan, and Yemen.

·       Former Brazilian President Jair Bolsonaro will testify before the Federal Supreme Court in a case in which he is accused of plotting a coup in 2022. 

Economic Reports/Events –

·       The US Federal Reserve goes into its “Blackout” period in advance of the Open Market Committee meetings June 17-18. There are no speeches by any Fed Governors until after the meetings.

·       Mexico Balance of Trade (April)

·       Chile Imports/ Exports/ Balance of Trade (April)

·       USA Balance of Trade (April)/ Balance of Trade (April)

·       Argentina Balance of Trade (April)

·       Colombia Balance of Trade (April)

·       Brazil BCB Focus Market Readout

Asia

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Australia celebrates the King’s Birthday.  Financial markets are closed.

·       New Zealand Manufacturing Sales Q1

·       Japan Current Account (April)/ GDP Growth Annualized Q1/ Bank Lending (May)/ GDP Capital Expenditure Q1/ GDP Price Index Q1/ BoJ JGB Purchases/ Eco Watchers Survey Current (May)

·       China Inflation Rate (May)/ PPI (May)/ Imports/ Exports/ Balance of Trade (May)

·       Singapore Unemployment Rate Q1/ Balance of Trade (April)

·       Indonesia Foreign Exchange Reserves (May)

·       Taiwan Imports/ Exports/ Balance of Trade (May)

Europe

Political/Social Events –

·       British Prime Minister Keir Starmer will receive NATO Secretary General Mark Rutte in London.  Rutte He will also give a speech at Chatham House and visit Sheffield Forgemasters with the Secretary of State for Defence, John Healey.

·       Argentine President Javier Milei visits Spain for bilateral talks.  Milei then travels on to Israel for meetings.

·       Belarus Foreign Minister Maxim Ryzhenkov travels to Moscow for meetings with Russian Foreign Minister Sergei Lavrov.  They are expected to discuss preparations for the upcoming Eurasian Economic Forum on June 26027 in Minsk.

·       London Tech Week begin and runs through June 13. Nvidia CEO Jensen Huang is scheduled to speak.

Economic Reports/Events –

·       It is Whit Monday in Europe.  Financial markets in Germany, Norway, and Switzerland are closed.

· European Central Bank Board Member Frank Elderson gives a keynote speech on the rule of law at the Italian Court in Rome, Italy.

·       Slovakia Balance of Trade (April)

·       Euro Area Balance of Trade (April)

·       Ireland Balance of Trade (April)

Middle East

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Saudi Arabia GDP Growth Rate Q1

·       Israel Manufacturing PMI (April)

Africa

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Tanzania Inflation Rate (May)

Tuesday, June 10, 2025

Global

·       The UN Security Council is scheduled to hold a briefing on the UN Assistance Mission for Iraq (UNAMI) followed by consultations. 

·       Today is the 90th anniversary of the founding of Alcoholics Anonymous.

Americas

Political/Social Events –

·       The US Senate Foreign Relations Committee holds confirmation hearings for Jacob Helberg for undersecretary of state for economic growth, energy, and the environment; Andrew Puzder for U.S. ambassador to the European Union; Paul Kapur for assistant secretary of state for South Asian affairs; and Benjamin Black for CEO of the U.S. International Development Finance Corporation.

·       New Jersey holds its gubernatorial primary elections.

Economic Reports/Events –

·       USA NFIB Business Optimism Index (May)/ Redbook (June/07)/ API Crude Oil Stock Change (June/06)

·       Brazil Inflation Rate (May)

·       El Salvador PPI (May)/ Inflation Rate (May)

Asia

Political/Social Events –

·       China will host the fourth China-Africa Economic and Trade Expo in Changsha through June 12.

·       Pakistan’s finance minister, Muhammad Aurangzeb, will deliver a budget to parliament against the backdrop of the country’s IMF loan program.

·       The Bloomberg Invest Conference begins in Hong Kong and goes through June 11.

Economic Reports/Events –

·       Australia Westpac Consumer Confidence Index/ NAB Business Confidence (May)

·       Japan Machine Tool Orders (May)

·       Indonesia Motorbike Sales (May)

Europe

Political/Social Events –

·       EU President Ursula von der Leyen meets with Subrahmanyam Jaishankar, Minister of External Affairs of India in Brussels.

·       The Europlace Conference is being held in Paris, France.

Economic Reports/Events –

·       European Central Bank Board Member Claudia Buch participates on a panel discussion at the Jacques Delors event "Matching savings and investments: The role of banks and capital markets in financing Europe’s future", in Berlin.

·       European Central Bank Board Member Sharon Donnery gives a presentation at the 2025 IIF European Chief Risk Officer Forum (virtual).

· European Central Bank Governing Council member Robert Holzmann speaks at the presentation of the Austrian National Bank’s report on financial stability.

·       Bank of England External Member of the Financial Policy Committee Randall Kroszner gives a speech at the ECB Conference on Financial Stability and Macroprudential Policy 2025 in Frankfurt, Germany.

·       Great Britain Unemployment Rate (April)/ Employment Change (April)/ HMRC Payrolls Change (May)/ Claimant Count Change (May)

·       Romania Balance of Trade (April)

·       Switzerland Consumer Confidence (May)

·       Euro Area ECB Survey of Monetary Analysts 

·       Italy Industrial Production (April)

·       Slovenia Industrial Production (April)

·       Greece Inflation Rate (May)

·       Belarus Inflation Rate (May)

·       Ukraine Inflation Rate (May)/ GDP Growth Rate Q1

·       Turkey Treasury Cash Balance (May)

·       Slovakia Industrial Production (April)

·       Hungary Budget Balance (May)

Middle East

Political/Social Events –

·       Israeli Prime Minister Benjamin Netanyahu will meet with Argentine President Javier Milei in Tel Aviv, Israel.

Economic Reports/Events –

·       Saudi Arabia Industrial Production (April)

·       Kuwait M2 Money Supply (April)/ Private Bank Lending (April)

Africa

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       South Africa Manufacturing Production (April)

·       Mozambique Inflation Rate (May)

·       Kenya Interest Rate Decision

Wednesday, June 11, 2025

Global

·       The UN  Security Council is scheduled to hold a debate on International Residual Mechanism for Criminal Tribunals (IRMCT).

Americas

Political/Social Events –

·       Mexican airline Aero México will likely see flight attendants go on strike for higher wages.

·       Bloomberg hosts its Global Credit Forum in Los Angeles, California.

Economic Reports/Events –

·       USA MBA Mortgage Market Index (June/06)/ MBA Purchase Index (June/06)/ Inflation Rate (May)/ CPI (May)/ EIA Crude Oil & Gasoline Stocks Change (June/06)/ Monthly Budget Statement (May)

·       Mexico Industrial Production (April)

·       Canada Building Permits (April)

·       Colombia Consumer Confidence (May)

·       Ecuador Balance of Trade (April)

Asia

Political/Social Events –

·       The Philippine Congress holds hearing to present Articles of Impeachment against Vice President Sara Duterte.  The lower house in February impeached Duterte, the daughter of former President Rodrigo Duterte, on accusations that included budget anomalies, amassing unusual wealth and an alleged threat to the lives of President Ferdinand Marcos Jr, the first lady, and the House Speaker.

·       Malaysia will host the ASEAN Plus Three and East Asia Summits.

Economic Reports/Events –

·       New Zealand Visitor Arrivals (April)

·       South Korea Unemployment Rate (May)

·       Japan PPI (May)

·       Malaysia Industrial Production (April)/ Unemployment Rate (April)

·       India M3 Money Supply (May/30)/ Passenger Vehicles Sales (May)

·       Indonesia Car Sales (May)

Europe

Political/Social Events –

·       Polish lawmakers hold vote of confidence called by Prime Minister Donald Tusk after the defeat of a political ally in the June 1 presidential ballot with the election of Karol Nawrocki.

·       UK Chancellor Rachel Reeves presents the Spending Review to Parliament.

·       The Ukraine Recovery Conference begins in Berlin and runs through June 12.

·       European Council on Foreign Relations chair Carl Bildt, Congressional Leadership Fund former president Dan Conston and Danish climate minister Dan Jørgensen are among the speakers at the two-day Brussels Forum 2025, which will focus on transatlantic political and economic issues

·       VivaTEch!, Europe’s largest startup and tech event, begins in Paris and runs through June 14.

Economic Reports/Events –

·       European Central Bank President Christine Lagarde gives a presentation at the People's Bank of China in Beijing, China.

·       European Central Bank Board Member Claudia Buch gives a keynote speech followed by fireside chat at the Goldman Sachs European Financials Conference 2025 in Berlin, Germany.

·       European Central Bank Chief Economist Philip R. Lane gives a keynote presentation at the 2025 Government Borrowers Forum in Dublin, Ireland.

·       European Central Bank Board Member Piero Cipollo gives a video message at the European Payments Council's General Assembly in Brussels, Belgium.

·       Bank of England Executive Director for Markets Victoria Saporta gives a speech at the Bank of Finland and SUERF Conference on Monetary Policy Implementation in Helsinki, Finland.

·       Bank of England Executive Director for Financial Stability, Strategy, and Risk Nathanaël Benjamin gives a speech at the Global Investment Management Summit  in London.

·       Hungary Inflation Rate (May)/ Monetary Policy Meeting Minutes

·       Slovakia Construction Output (April)

·       Russia Balance of Trade (April)/ Inflation Rate (May)

·       Turkey Auto Production (May)/ Auto Sales (May)

Middle East

Political/Social Events –

·       Israel’s opposition parties will seek to dissolve the Knesset in an effort to bring an early election.  Prime Minister Benjamin Netanyahu’s coalition are threatening to leave over policies forcing conscription of ultra-Orthodox young men into the army.

Economic Reports/Events –

·       Israel Consumer Confidence (May)

Africa

Political/Social Events –

·       South Africa's National Assembly is due to vote on the government's proposed fiscal framework, the first of three pieces of legislation to adopt the country's 2025 budget.

Economic Reports/Events –

·       Ghana GDP Growth Rate Q1

·       South Africa SACCI Business Confidence (April)/ SACCI Business Confidence (May)

Thursday, June 12, 2025 

Global

·       The UN Security Council is scheduled in the morning to hold a briefing on Yemen, followed by consultations.  In the afternoon, it is scheduled to hold consultations on the United Nations Disengagement Observer Force (UNDOF).

·       World Bank President Ajay Banga will speak at the Council on Foreign Relations in New York.

Americas

Political/Social Events –

·       US Secretary of Defense Pete Hegseth and Gen. Dan Caine, chairman of the Joint Chiefs of Staff, appear in front of the House Armed Services Committee for a hearing on the Defense Department’s 2026 budget request.

·       Today is Chaco Armistice Day in Paraguay.  The public holiday commemorates the end of the Chaco War between Paraguay and Bolivia in the 1930..

Economic Reports/Events –

·       Brazil Retail Sales (April)

·       USA Initial Jobless Claims (June/07)/ Continuing Jobless Claims (May/31)/ PPI (May)/ Business Confidence (June)/ 15- & 30-Year Mortgage Rate (June/12)/ WASDE Report/ Fed Balance Sheet (June/11)

·       Paraguay Consumer Confidence (May)

·       Uruguay Industrial Production (April)

·       Argentina Inflation Rate (May)

·       Peru Interest Rate Decision/ Balance of Trade (April)

Asia

Political/Social Events –

·       Taiwan is expected to hold is annual Wanan Civil Defense Drills in the Kinmen Islands.

·       In Hong Kong, the Hong Kong Auto Expo begins and runs through Sunday. The event, organized by the mainland's China Association of Automobile Manufacturers, aims to help at drive the global expansion of the Chinese automotive industry, which is currently gripped by a brutal price war between electric vehicle manufacturers.

Economic Reports/Events –

·       New Zealand Electronic Retail Card Spending (May)

·       Japan BSI Large Manufacturing Q2/ Foreign Bond Investment (June/07)/ Stock Investment by Foreigners (June)

·       Australia Consumer Inflation Expectations (June)/ RBA Jacobs Speech

·       Indonesia Consumer Confidence (May)

·       Hong Kong Industrial Production Q1

·       India Inflation Rate (May)

·       Thailand Consumer Confidence (May)

Europe

Political/Social Events –

·       The EU Justice and Home Affairs Council (Justice) meets in Luxembourg. Ministers will discuss a general approach on a directive to harmonize certain aspects of insolvency law across the EU, protection of adults, and the fight against impunity (dealing with Russia war crimes).

·       The International Energy Administration holds a two-day conference on global energy efficiency in Brussels.

·       Today is Russia Day in Russia.  The national holiday originally celebrated the fall of communism and the collapse of the Soviet Union.  But its meaning has now been shifted by President Putin to celebrating the country’s modernization.

Economic Reports/Events –

·       European Central Bank Board Member Luis de Guindos gives a  keynote speech at the Annual Joint Conference of the European Commission and the European Central Bank “European financial integration: Advancing the savings and investments union” in Brussels, Belgium.

·       European Central Bank Board Member Isabel Schnabel visits and speaks at the House of the Euro in Brussels, Belgium.  Later in the day, Schnabel will moderate a panel entitled “Funding the future: Strategies for supporting innovation and growth” at the Annual Joint Conference of the European Commission and the European Central Bank “European financial integration: Advancing the savings and investments union” in Brussels, Belgium.

·       European Central Bank Board Member Frank Elderson will give a keynote speech at the IMF-WB annual high-level Conference for Senior Supervisors in Washington, DC.

·       Great Britain RICS House Price Balance (May)/ GDP (April)/ Goods Trade Balance (April)/ Balance of Trade (April)/ Construction Output (April)/ Industrial Production (April)/ Manufacturing Production (April)/ NIESR Monthly GDP Tracker (May)

·       Romania Inflation Rate (May)

·       Turkey Industrial Production (April)/ Foreign Exchange Reserves (June/06)

·       Ireland Inflation Rate (May)

·       Serbia Inflation Rate (May)/ Interest Rate Decision

·       Germany Current Account (April)

Middle East

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Israel M1 Money Supply (May)

Africa

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       South Africa Gold Production (April)/ Mining Production (April)

Friday, June 13, 2025

Global

·       Nothing significant to report.

Americas

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Canada Capacity Utilization Q1/ Manufacturing Sales (April)/ New Motor Vehicle Sales (April)/ Wholesale Sales (April)

·       USA Michigan Current Conditions Prel (June)/ Michigan 5 Year Inflation Expectation/ Baker Hughes Total Rigs Count (June)

·       Colombia Industrial Production (April)/ Retail Sales (April)

·       Paraguay Balance of Trade (May)

·       Uruguay GDP Growth Rate Q1

Asia

Political/Social Events –

·       In Tokyo, Japan, campaigning for Tokyo’s metropolitan assembly elections being held on June 22 begin.  The race is seen as a key political test for Prime Minister Ishida in advance of Japan’s upper house elections later this summer.

Economic Reports/Events –

·       New Zealand Business NZ PMI (May)

·       Philippines Foreign Direct Investment (March)

·       Indonesia Retail Sales (April)

·       Japan BoJ JGB Purchases/ Industrial Production (April)/ Capacity Utilization (April)/ Tertiary Industry Index (April)

·       Malaysia Retail Sales (April)

·       Thailand Foreign Exchange Reserves (May)

·       Sri Lanka GDP Growth Rate Q1

·       India Foreign Exchange Reserves (June)/ Imports/ Exports/ Balance of Trade (May)

·       China Vehicle Sales (May)

Europe

Political/Social Events –

·       The EU Justice and Home Affairs Council (Home Affairs) will meet in Luxembourg. Ministers will discuss IT infrastructure, the Schengen report, migration issues, and EU internal security.

·       The 2025 Paris Air Forum will be held.

Economic Reports/Events –

·       Germany Wholesale Prices (May)/ Inflation Rate (May)

·       Romania Industrial Production (April)/ Current Account (April)

·       Hungary Construction Output (April)/ Industrial Production (April)

·       France Inflation Rate (May)

·       Slovakia Inflation Rate (May)

·       Spain Inflation Rate (May)

·       Italy Balance of Trade (April)

·       Poland Inflation Rate (May)/ Balance of Trade (April)/ Current Account (April)

·       Euro Area Industrial Production (April)/ ECB Montagner Speech/ ECB Elderson Speech

·       Greece Construction Output Q1

·       Ukraine Balance of Trade (April)

·       Russia GDP Growth Rate Q1

Middle East

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Jordan Inflation Rate (May)

Africa

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Angola Inflation Rate (May)/ Wholesale Prices (April)

Saturday, June 14, 2025

Global

·       Today is Eid-e-Chadir, celebrated by Shia Muslims on the 18th day of the Islamic month of Dhul Hijjah, the final month of the lunar based Muslim calendar.  The religious holiday is named after the event in which Shia Muslims believe that the cousin of the Prophet Muhammad, Ali ibn Abi Talib, was appointed as a leader and religious authority after the Prophet.

·       Pope Leo XIV will speak virtually at a youth event being held at White Sox Stadium in Chicago.

Americas

Political/Social Events –

·       Today is Falkland Islands Liberation Day, celebrating when in 1982 the Island was liberated from Argentinian occupation.

·       Today is President Donald Trump’s 79th birthday.  The day will be celebrated with a large military parade which will also celebrate the US Army’s 250 anniversary.

Economic Reports/Events –

·       Nothing significant to report.

Asia

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Nothing significant to report.

Europe

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Nothing significant to report.

Middle East

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Israel Inflation Rate (May)

Africa

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Nothing significant to report.

Sunday, June 15, 2025

Global

·       The G7 Leaders’ Summit begins in Alberta, Canada and goes through June 17.  In advance of the meeting, the 50th G7 meeting, Canadian Prime Minister Mark Carney, who is chairing the Summit, announced the priorities for the meeting will include: “1) Protecting our communities and the world—strengthening peace and security, countering foreign interference and transnational crime, and improving joint responses to wildfires. 2) Building energy security and accelerating the digital transition—fortifying critical mineral supply chains and using artificial intelligence and quantum to unleash economic growth, and 3) Securing the partnerships of the future—catalyzing enormous private investment to build stronger infrastructure, create higher-paying jobs, and open dynamic markets where businesses can compete and succeed.

·       It is Father’s Day, celebrated globally. 

Americas

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Peru GDP Growth Rate (April)/ Unemployment Rate (May)

Asia

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Nothing significant to report.

Europe

Political/Social Events –

·       There will be an informal meeting of EU Agricultural Ministers through June 17 in Warsaw.

Economic Reports/Events –

·       Nothing significant to report.

Middle East

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Israel Balance of Trade (May)/ GDP Growth Annualized 2nd Est Q1/ Unemployment Rate (May)

·       Saudi Arabia Inflation Rate (May)/ Wholesale Prices (May)

Africa

Political/Social Events –

·       Nothing significant to report.

Economic Reports/Events –

·       Nothing significant to report.