The Global Week Ahead
June 14 - 21, 2026
The G7 Summit and a Possible Iran Peace Deal Will Dominate the Week, UK Prime Minister Starmer Faces the Possible End as Prime Minister, and the U.S., UK, Japan, and Australian Central Banks Meet on Interest Rates
It appears a peace deal between the U.S. and Iran is imminent. Both President Trump and various Iranian leaders have indicated they are closer than ever to striking a deal, or at least to a substantially more robust, longer-term cease-fire. President Trump has told reporters he expects the deal to be signed “in the next few hours.” However, it appears another flare-up between Israeli forces and Hezbollah may delay or even derail the deal. We will have more on the deal if and when it is signed.
This all comes as the G7 Leaders’ Summit begins on Monday and runs through Wednesday in Evian, France. Both the Iran situation and the Ukraine War will dominate leaders' discussions. Ukrainian President Volodymyr Zelensky will join for part of the meetings. The UK, France, and Germany have formulated a five-point peace framework they want President Trump to endorse, which would create a quadripartite negotiation format– Russia, Ukraine, the U.S., and the EU at the table working toward a deal. President Trump has not indicated whether he will support the plan.
The talks come as Russia finds itself increasingly stressed domestically in the face of Ukraine’s surging military on the front lines and via long-range drone strikes. Ukrainian drone strikes have forced nearly all major oil refineries in central Russia to either suspend operations or reduce fuel production. Russia imposed a temporary ban on gasoline exports from April 1st through the end of July.
Moscow has also prohibited jet fuel exports through November 30. Russian oil refining volumes have fallen at least 10% over several months in 2026, with diesel production down roughly 10% in May alone.
Additionally, G7 leaders are expected to discuss the U.S.’s 15% universal tariffs, which expire on July 24th, and what comes next. There is hope that there will be sideline discussions between President Trump and leaders from Japan and South Korea to advance efforts to hammer out final trade deals (President Lee Jae-myung is an invited guest – South Korea is not a member of the G7).
However, this depends on whether President Trump shows up to the summit: There is a risk that he will cancel his attendance to focus on finalizing the Iran trade deal.
Also, this week, amid the G7 meeting, the EU Parliament is expected to approve the EU-U.S. Trade Agreement. It has been a bumpy path to a final deal, with the EU Parliament suspending work on it after President Trump raised Greenland as a bargaining chip.
The UK is facing an extraordinary leadership challenge this week. The Mayor of Manchester, Andy Burnham, is running in a by-election this week for a seat in parliament. If elected – and Burnham, a widely popular member of the Labour Party – is widely expected to win – he will immediately challenge Prime Minister Keir Starmer for the leadership of the Labor Party. Burnham’s challenge is likely to ignite weeks of campaigning and likely other challengers to Starmer joining in, all of which suggest Starmer’s tenure as Prime Minister is coming to an end.
Looking at the global financial and economic radar screen this week, central bank interest rate action is the key theme for markets. The Federal Reserve, the Bank of England, and the Reserve Bank of Australia are all meeting.
In the U.S., Kevin Warsh will be chairing his first Open Market Meeting as Fed Chair. How the committee – and Warsh – see growing inflation risk will be paramount. It is likely the Fed will hold interest rates. Also in the U.S., this week is a shortened week with the Juneteenth holiday on Friday. There are several important economic reports out this week, including May retail sales on Wednesday and several housing indicators.
In Europe, the Bank of England meets on Thursday and is likely to hold rates steady. This comes after the UK’s May CPI is released on Wednesday, labor market data on Thursday, and retail sales on Friday. Germany’s June ZEW Survey is out Tuesday, and PPI is out on Friday.
In Asia, the Bank of Japan meets on interest rates on Tuesday. The BoJ is expected to raise rates 25 basis points to 1%, the highest level it has been at in 31 years. Markets will also get the May CPI on Friday. China publishes industrial production numbers and April’s retail sales figures on Tuesday. And the Reserve Bank of Australia meets on Tuesday and is expected to hold rates steady.
Below is the rest of our detailed report of the major geopolitical and geoeconomic events in the coming week:
Sunday, June 14, 2026
Global
· Nothing significant to report.
Americas
Political/Social Events –
· President Trump turns 80 years old.
Economic & Financial Reports/Events –
· Nothing significant to report.
Asia
Political/Social Events –
· Japanese Prime Minister Sanae Takaichi will meet with British Prime Minister Keir Starmer in London. She will then travel to Italy to meet Prime Minister Giorgia Meloni and France for the G7 Leaders’ Summit. The agenda for all three stops is the same: the joint next-generation fighter jet development project (GCAP), cybersecurity, and outer space cooperation are the bilateral priorities with both the UK and Italy. At the G7 level, Japan is positioning itself as Asia's voice on energy security — given that the Strait of Hormuz closure has hit Asia hardest — and is pushing for G7 coordination on stabilizing crude oil markets, critical minerals supply chains, and Ukraine support.
· Chinese Foreign Minister Wang Yik travels to Mongolia for meetings through June 15th.
Economic & Financial Reports/Events –
· Nothing significant to report.
Europe
Political/Social Events –
· Switzerland holds a referendum on a proposal to limit immigration Ater the country reaches 10 million.
· Russian Foreign Minister Sergey Lavrov will travel to Belarus to meet with President Lukasheno.
Economic & Financial Reports/Events –
· Nothing significant to report.
Middle East
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Israel Imports/Exports/Balance of Trade (May)
Africa
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Monday, June 15, 2026
Global
· The 52nd G7 Summit begins in Evian, France and runs through June 17th. Leaders are expected to discuss a number of issues ranging from overall geopolitical challenges, the situation in Ukraine and the Middle east, the state of international partnerships, and the future of AI. Our view is the summit is best understood not as a policy-making event but as a real-time pressure test of Western cohesion on three simultaneous shocks — energy/Iran, trade architecture, and critical minerals. The highest-value watch item is whether the Iran deal actually closes in the margins of the summit, which would have immediate downstream effects on energy prices, shipping costs, and Gulf state positioning. The Trump tariff issue is the second-order issue to track: the summit is likely to be used to telegraph what replaces the U.S.’ Section 122 authority, and alignment between the U.S. and G7 partners on Section 301 successor mechanisms would be a meaningful signal for industrial and trade-exposed portfolios. The absence of a joint communiqué for a second straight year should register as a structural data point — it is not a surprise, but a confirmation that the old G7 consensus architecture is being replaced by something more transactional and bilateral.
Americas
Political/Social Events –
· The U.S. Congress is out of session this week and return to work on June 22nd.
· The Canadian Parliament is in session this week.
Economic & Financial Reports/Events –
· Canada Housing Starts (May)/ Manufacturing Sales (April)/ Wholesale Sales (April)
· USA NY Empire State Manufacturing Index (June)/ Industrial Production (May)/Capacity Utilization (May)/ Industrial Production(May)/ Manufacturing Production (May)/ NAHB Housing Market Index (June)/ NOPA Crush Report
· Peru GDP Growth Rate (April)/ Unemployment Rate (May)
Asia
Political/Social Events –
Myanmar's president, Min Aung Hlaing, is due to arrive in China for a state visit, scheduled through Friday. The president is fresh off a trip to India, which was his first foreign visit since he switched from being leader of Myanmar's military regime. Chinese President Xi Jinping, meanwhile, has engaged in a flurry of diplomacy in recent weeks, hosting U.S. President Donald Trump and Russian President Vladimir Putin along with visiting North Korea.
Economic & Financial Reports/Events –
· New Zealand Westpac Consumer Confidence Q2/ Composite NZ PCI (May)/ Services NZ PSI (May)/ Electronic Retail Card Spending (May)
· Japan Tertiary Industry Index (April)
· India WPI Food Index (May)/ WPI Fuel (May)/ WPI Inflation (May)/ WPI Manufacturing (May)/ Unemployment Rate (May)
· Pakistan Interest Rate Decision
· EARNINGS: Nidec (Japan)
Europe
Political/Social Events –
· The EU Foreign Affairs Council meets in Luxembourg. EU foreign affairs ministers will discuss Russia’s war of aggression against Ukraine, after an informal exchange of views with the Minister of Foreign Affairs of Ukraine Andrii Sybiha via videoconference. The Council will also discuss the situation in the Middle East in light of the latest developments of the war in Iran and its effects across the region. Ministers will further exchange on the critical situation in Lebanon amid ongoing hostilities between Israel and Hezbollah, as well as on Gaza and the West Bank. Ministers will then turn to discuss the state of play between the EU and China.
· The Second Accession Conference with Ukraine takes places in Luxembourg. It brings Ukraine a step closer to EU membership. The meeting will serve to open negotiations on cluster 1: fundamentals. This cluster covers notably the rule of law and fundamental rights, the functioning of democratic institutions, public administration reform, and economic criteria, and includes the following negotiating chapters: Chapter 23 – Judiciary and fundamental rights, Chapter 24 – Justice, freedom and security, Chapter 5 – Public procurement, Chapter 18 – Statistics, and Chapter 32 – Financial control.
· Russian Foreign Minister Sergei Lavrov hosts Turkish Foreign Minister Fidan for meetings in Moscow.
· The 27th Accession Conference with Montenegro takes place in Luxembourg. The meeting will serve to provisionally close negotiations on chapters 2 (free movement of workers) and 28 (consumer and health protection).
· The Second Accession Conference with the Republic of Moldova takes place in Luxembourg. The meeting will serve to open negotiations on cluster 1: fundamentals. This cluster covers notably the rule of law and fundamental rights, the functioning of democratic institutions, public administration reform, and economic criteria, and includes the following negotiating chapters: Chapter 23 – Judiciary and fundamental rights, Chapter 24 – Justice, freedom and security, Chapter 5 – Public procurement, Chapter 18 – Statistics, and Chapter 32 – Financial control
· The EU-Egypt Association Council takes place in Luxembourg. The meeting will be co-chaired by the EU High Representative for Foreign Affairs and Security Policy, Kaja Kallas and the Minister of Foreign Affairs of Egypt, Badr Abdelatty, who will be leading the Egyptian delegation. Commissioner for the Mediterranean, Dubravka Šuica, will represent the European Commission. Building on the first EU-Egypt summit held in October 2025, the Association Council will review the implementation of the EU-Egypt Strategic and Comprehensive Partnership, launched in March 2024, and discuss avenues for further strengthening bilateral cooperation. The parties are expected to take stock of progress across the Partnership's six pillars, namely political relations, economic stability, trade and investment, migration and mobility, security, and demography and human capital. The exchange will also provide an opportunity to discuss global issues of common interest and the regional situation, including developments in the Middle East and North Africa region and their implications for EU-Egypt cooperation.
·
Economic & Financial Reports/Events –
· European Central Bank President Christine Lagarde gives a pre-recorded opening keynote speech at the ECB conference "Money in transition: digitalization and innovation in payments" in Frankfurt, Germany.
· European Central Bank Board Member Piero Cipollone chairs session 1 "Fostering digital finance in Europe" at ECB conference "Money in transition: digitalization and innovation in payments" in Frankfurt, Germany.
· European Central Bank Governing Council member Joachim Nagel gives a keynote speech at Euro Finance Summit in Frankfurt, Germany.
· Germany Wholesale Prices (May)
· Romania Industrial Production (April)/ Current Account (April)
· Switzerland Producer & Import Prices (May)/ Consumer Confidence (May)
· Slovakia Inflation Rate (May)/ Inflation Rate (May)
· Turkey Industrial Production (April)/ Budget Balance (May)
· Poland Inflation Rate (May)
· Italy Balance of Trade (April)
· Euro Area Balance of Trade (April)/ Industrial Production (April)
· Greece Construction Output Q1
· Serbia Building Permits (April)
Middle East
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Saudia Arabia Inflation Rate (May)/ Inflation Rate (May)/ Wholesale Prices (May)
· Israel Current Account Q1/ Inflation Rate (May)
Africa
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Tuesday, June 16, 2026
Global
· The G7 Leaders’ Summit continues in Evian, France.
· https://www.worldbank.org/en/events/2026/06/16/abcde-2026The World Bank’s Annual Conference on Development Economics begins in Washington, D.C. and runs through June 17th.
Americas
Political/Social Events –
· The U.S. and Mexico hold a second round of USMCA negotiations in Washington, D.C. The meeting will be focused on agricultural issues.
· U.S. primary elections are held in Oklahoma, with runoff votes in Alabama and Georgia.
Economic & Financial Reports/Events –
· Brazil BCB Focus Market Readout/ IGP-10 Inflation (June)/ Retail Sales (April)
· Ecuador Balance of Trade (April)
· USA ADP Employment Change Weekly/ Building Permits Prel (May)/ Housing Starts (May)/ Import/Export Prices (May)/ Housing Starts (May)/ NY Fed Services Activity Index (June)/ Redbook (June/13)/ API Crude Oil Stock Change (June/12)
· Columbia Industrial Production (April)/ Retail Sales (April)
· Paraguay Consumer Confidence (May)
· Chile Interest Rate Decision
· Canada Foreign Securities Purchases (April)/ Foreign Securities Purchases by Canadians (April)
· EARNINGS: La-Z Boy
Asia
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· South Korea Import/Export Prices (May)
· New Zealand Food Inflation (May)
· The Bank of Japan meets on interest rates. The BoJ is expected to raise the policy rate to 1%, the highest level in 31 years.
· Sri Lanka GDP Growth Rate Q1
· The Reserve bank of Australia meets on interest rates.
· India Passenger Vehicles Sales (May)
· China House Price Index (May)/ Industrial Production (May)/ Retail Sales (May)/ Fixed Asset Investment (YTD) (May)/ Unemployment Rate (May)
· Hong Kong Unemployment Rate (May)
Europe
Political/Social Events –
The European Parliament is expected to give their final approval to EU-US trade deal. The proposals, already agreed by Parliament and Council negotiators, would eliminate most tariffs on industrial and agricultural goods from the US. At the same time, negotiators agreed on several elements strengthening the Commission’s original proposal.
Economic & Financial Reports/Events –
· The EU Employment, Social Policy, Health and Consumer Affairs Council (Health) meets in Luxembourg. Ministers will be invited to approve the Council’s negotiating position on the proposed directive regarding the placing on the market of genetically modified micro-organisms (GMMs) and the processing of organs. Ministers will also hold a policy debate on the proposed regulation establishing a framework of measures to strengthen the EU’s biotechnology and biomanufacturing sectors, particularly in the area of health. The regulation, which forms part of the European Biotech Act I, was announced on 16 December 2025 as part of the Commission’s Health Package.
· The EU General Affairs Council meets in Luxembourg. Ministers responsible for European affairs will meet in Luxembourg to continue preparations for the June European Council meeting by discussing draft conclusions. The Council will hold a policy debate on a draft negotiating box regarding the new MFF 2028-2034. Ministers will be also invited to adopt partial general approaches on the three main components of the new MFF, namely the:
o regulation establishing the European Fund for economic, social and territorial cohesion, agriculture and rural, fisheries and maritime, prosperity and security (NRPP regulation)
o regulation on establishing the European Competitiveness Fund (ECF), including the specific program for defense research and innovation activities
o regulation establishing the Global Europe instrument
· European Central Bank Board Member Pedro Machado participates in a roundtable discussion at DigitalEurope Finance Executive Council Summer Summit 2026 in Brussels, Belgium.
· European Central Bank Board Chief Economist Philip R. Lane participates on a stage conversation at Reuters NEXT Europe 2026 in London.
· Turkey Retail Sales (April)
· Italy Harmonized Inflation Rate (May)/ Inflation Rate (May)
· Germany ZEW Economic Sentiment Index (June)/ ZEW Current Conditions (June)
· Poland Inflation Rate (May)
· Euro Area ZEW Economic Sentiment Index (June)/ Labour Cost Index Q1/ Wage Growth Q1
· Belarus Industrial Production (May)
Middle East
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Jordon Industrial Production (April)/ PPI (April)
· Israel Unemployment Rate (May)/ GDP Growth Annualized 2nd Est Q1
Africa
Political/Social Events –
· The World Bank Institute's Africa Growth and Opportunity: Research in Action Conference is being in Palermo, Italy through June 17th.
Economic & Financial Reports/Events –
· Nigeria Food Inflation (May)/ Inflation Rate (May)
Wednesday, June 17, 2026
Global
· The G7 Leaders’ Summit concludes in Evian, France.
· The International Energy Agency releases its monthly oil report.
Americas
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· The US Federal Reserve Board’s Open Market Committee concludes two days of meetings on interest rates, the first chaired by newly sworn-in Chair Kevin Warsh. He will hold his first press conference at 2:00 p.m.
· USA MBA 30-Year Mortgage Rate (June/12)/ MBA Mortgage Applications (June/12)/ MBA Mortgage Market Index (June/12)/ MBA Mortgage Refinance Index (June/12)/ MBA Purchase Index (June/12)/ Retail Sales (May)/ Retail Sales Control Group (May)/ Retail Sales Ex Autos (May)/ Retail Sales Ex Gas/Autos (May)/ Retail Sales (May)/ Business Inventories (April)/ Pending Home Sales (May)/ Retail Inventories Ex Autos (April)/ EIA Crude Oil/Gasoline Stocks Change (June/12)
· Brazil IBC-BR Economic Activity (April)/ Interest Rate Decision
· Canada New Housing Price Index (May)
· Columbia Consumer Confidence (May)
· EARNINGS: CarMax
Asia
Political/Social Events –
· China’s top financial regulators gather in Shanghai alongside global central bankers and finance executives for the Lujiazui Forum, which runs through June 18th.
Economic & Financial Reports/Events –
· New Zealand Current Account Q1/ Global Dairy Trade Price Index (June)/16
· Japan Reuters Tankan Index (June)/ Import/Export/Balance of Trade (May)/ Machinery Orders (April)
· Singapore Balance of Trade (May)/ Non-Oil Exports (May)
· Australia Westpac Leading Index (May)/ RBA Jones Speech/ RBA Chart Pack
· Philippines Cash Remittances (April)
· China FDI (YTD) (May)
· India Imports/Exports/Balance of Trade (May)
· Sri Lanka Manufacturing PMI (May)/ Services PMI (May)
Europe
Political/Social Events –
· The Russia-ASEAN summit begins in Kazan, Russia, and through June 18th. President Vladimir Putin expected to meet with various heads of states.
· VivaTech 2026, Europe’s biggest technology event, begins in Paris, France.
· Today is Iceland Independence Day, a national holiday.
Economic & Financial Reports/Events –
· European Central Bank President Christine Lagarde gives a speech at the XIX Cotec Europe Summit "Rethinking work in the age of AI: Transformation, Opportunity, Governance" in Venice, Italy
· European Central Bank Board Member Piero Cipollone participates in a fireside chat at the 2026 Salzburg Global Finance Forum in Salzburg, Austria. He later participates on a panel discussing the future of money.
· European Central Bank Governing Council member Olaf Sleijpens speaks at European Economics & Financial Center in Brussels.
· Turkey Auto Production (May)/ Auto Sales (May)
· UK Inflation Rate (May)/ PPI Output (May)/ PPI Input/Output (May)/ Retail Price Index (May)
· Hungary Gross Wage (April)
· Slovakia Harmonized Inflation Rate (May)
· Switzerland SECO Economic Forecasts
· Euro Area Inflation Rate (May)/ CPI (May)
· France IEA Oil Market Report
· Ireland Balance of Trade (April)/ Residential Property Prices (April)
· Serbia Current Account (April)
· Russia GDP Growth Rate Q1/ PPI (May)
· EARNINGS: AO World
Middle East
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Africa
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Angola Foreign Exchange Reserves (May)/ M3 Money Supply (May)
· South Africa Inflation Rate (May)/ Retail Sales (April)
Thursday, June 18, 2026
Global
· Nothing significant to report.
Americas
Political/Social Events –
· The Obama Presidential Center dedication ceremony. The campus and museum, on the south side of Chicago, open to the public on Friday.
Economic & Financial Reports/Events –
· Mexico Aggregate Demand Q1/ Aggregate Demand Q1/ Private Spending Q1/
· Canada PPI (May)/ Raw Materials Prices (May)
· USA Initial Jobless Claims (June/13)/ Philadelphia Fed Manufacturing Index (June)/ Continuing Jobless Claims (June/06)/ Jobless Claims 4-week Average (June/13)/ Philly Fed Business Conditions (June)/ Philly Fed CAPEX Index (June)/ Philly Fed Employment (June)/ Philly Fed New Orders (June)/ Philly Fed Prices Paid (June)/ CB Leading Index (May)/ EIA Natural Gas Stocks Change (June/12)/ 15-Year Mortgage Rate (June/18)/ 30-Year Mortgage Rate (June/18)/ Baker Hughes Oil Rig Count (June/19)/ Baker Hughes Total Rigs Count (June/19)/ Net Long-term TIC Flows (April)/ Overall Net Capital Flows(April)/ Fed Balance Sheet (June/17)
· Argentina Consumer Confidence (June)/ Balance of Trade (May)/ Leading Indicator (May)
· Columbia ISE Economic Activity (April)
· EARNINGS: Accenture, Kroger, Empire Company (CAN)
Asia
Political/Social Events –
· Today is Independence Day in the Seychelles, a national holiday.
Economic & Financial Reports/Events –
· New Zealand GDP Growth Rate Q1
· Japan Stock Investment by Foreigners (June/13)/ BoJ JGB Purchase
· Thailand Imports/Exports/Balance of Trade (May)
· Philippines Interest Rate Decision
· Indonesia Interest Rate Decision/ Deposit Facility Rate (June)/ Lending Facility Rate (June)/ Loan Growth (May)/
· Tawain M2 Money Supply May)/ Interest Rate Decision
Europe
Political/Social Events –
· A U.K. parliamentary by-election in Makerfield, Greater Manchester will be held. Manchester Mayor Andy Burnham is expected to win and immediately challenge Prime Minister Kier Starmer for the Prime Minister – and is widely expected to succeed in the effort.
· The European Council meets through June 19th in Brussels. EU leaders are expected to focus mostly on the impact of the Iran War on Europe and Ukraine’s accession process to joining the EU.
· NATO Defense Ministers meet in Brussels.
Economic & Financial Reports/Events –
· European Central Bank Board Member Frank Elderson participates in a roundtable discussion at IE University event "Climate Transition and Competitiveness: Ambition, Advantages and Trade-offs" in Madrid, Spain.
· European Central Bank Board Member Piero Cipollone gives an online speech at a policy breakfast "L'EURO DIGITALE. Le implicazioni per il sistema monetario europeo e le dinamiche nazionali" organized by Istituto per la Competitività in Rome, Italy.
· European Central Bank Chief Economist Philip R. Lane participates in a session entitled "Session on monetary policymaking under uncertainty" at Deutsche Bank Forum in London.
· European Central Bank Governing Council member Joachim Nagel speaks at payments conference in Eltville, Germany.
· Kazakhstan Industrial Production (May)
· Belarus GDP (May)
· Switzerland Balance of Trade (May)/ SNB Interest Rate Decision
· The Bank of England will meet on interest rate policy. The BoE is expected to hold rates steady.
· UK Unemployment Rate (April)/ Average Earnings incl. Bonus (3Mo/Yr) (April)/Average Earnings excl. Bonus (3Mo/Yr) (April)/ Employment Change (April)/ Claimant Count Change (May)/ HMRC Payrolls Change (May)
· Poland Consumer Confidence (June)
· Euro Area Current Account (April)/ Current Account s.a (April)/ Construction Output (April)
· Italy Current Account (April)
· Turkey MPC Meeting Summary/ Foreign Exchange Reserves (June)/12
· Ukraine Interest Rate Decision
· EARNINGS: Whitbread, Tesco, FirstGroup, Bulkers
Middle East
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
Africa
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Ethiopia Inflation Rate (May)
· South Africa Building Permits (April)
Friday, June 19, 2026
Global
· Nothing significant to report.
Americas
Political/Social Events –
· The U.S. observes the Juneteenth National Independence Day holiday. Financial markets, banks, and the federal government are closed.
Economic & Financial Reports/Events –
· Canada CFIB Business Barometer (June)/ Retail Sales Ex Autos (April)/ Retail Sales (April)/
· Argentina Retail Sales (April)
Asia
Political/Social Events –
· Hong Kong and Taiwan observe Dragon Boat Festival. Financial markets are closed.
Economic & Financial Reports/Events –
· South Korea PPI (May)
· New Zealand Imports/Exports/Balance of Trade (May)
· India Monetary Policy Meeting Minutes/ Foreign Exchange Reserves (June/12)
· Malaysia Inflation Rate (May)/Imports/Exports/ Balance of Trade (May)
· Japan Inflation Rate (May)/ Inflation Rate Ex-Food and Energy (May)/ Inflation Rate (May)/ BoJ Monetary Policy Meeting Minutes
Europe
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· European Central Bank Board Member Philip R. Lane participates on a panel at the Natixis International SSA Conference in Paris, France.
· European Central Bank Board Member Piero Cipollone gives a speech at the 80th anniversary of the Italian Constitution organized by Università di Roma Sapienza in Rome, Italy.
· European Central Bank Board Member Frank Elderson participates in a fireside chat at the Annual Conference of the Spanish Centre for Sustainable and Responsible Finance (FINRESP) in Madrid, Spain.
· European Central Bank Chief Economist Philip R. Lane participates in a policy conversation with Gita Gopinath at PSE-CEPR Policy Forum in Paris, France.
· UK Gfk Consumer Confidence (June)/ Retail Sales (May)/ Public Sector Net Borrowing Ex Banks (May)/ Retail Sales ex Fuel (May)
· Germany PPI (May)
· Turkey Business Confidence (June)/ Capacity Utilization (June)/
· Poland Industrial Production (May)
· Greece Current Account (April)
· Italy Construction Output (April)
· Slovenia Consumer Confidence (June)/ PPI (May)/ Unemployment Rate (April)
· Russia Interest Rate Decision/ CBR Press Conference/ M2 Money Supply (May)
· Slovakia Current Account (April)/ Unemployment Rate (May)
Middle East
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Israel Inflation Expectations (June)
· Oman Inflation Rate (May)
Africa
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Ghana PP (May)
Saturday, June 20, 2026
Global
· Nothing significant to report.
Americas
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Columbia Presidential Elections - 2nd Round
Asia
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Europe
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Middle East
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Africa
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Sunday, June 21, 2026
Global
· Nothing significant to report.
Americas
Political/Social Events –
· Colombia holds the 2nd round of their presidential elections. In the first round, right-wing outsider Abelardo de la Espriella captured 44% of the vote, ahead of left-wing Senator Iván Cepeda of the ruling Historic Pact with 41%. The two candidates sit on opposite ends of the political spectrum with vastly different visions — particularly on security and the role of the state. De la Espriella is running as a hardline anti-crime outsider; Cepeda is pitching himself as the continuation of outgoing President Petro's progressive agenda. As of today, prediction markets are assigning roughly an 88% probability to De la Espriella winning.
· The final round of the U.S. Open is played at Shinnecock Hills Golf Club in Southhampton, New York.
Economic & Financial Reports/Events –
· Nothing significant to report.
Asia
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Europe
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Middle East
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Africa
Political/Social Events –
· Nothing significant to report.
Economic & Financial Reports/Events –
· Nothing significant to report.
Looking at the Weeks Ahead
· June 23 – The World Economic Forum’s New Champions meeting in Dalian, China.
· July 7 – 8: The NATO Summit will be held in Ankara, Turkey.
· September 12 – 13: The 18th BRICS Summit will be held in New Delhi, India.