Economics

Storm of News to Hit Global Economy This Week Before August Calm

  • Central Banks of U.S., Japan and U.K. all meet to set policy
  • U.S. payrolls, China PMI, euro-zone GDP top data releases
Central Banks Dominate Week Ahead
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People charged with running or monitoring the world economy are set for a busy week before those in the Northern Hemisphere get to enjoy their summer vacations.

Central bankers in the U.S., Japan, the U.K., Brazil and India all meet to set their respective monetary policies at a time when Eric Oynoyan, senior European interest-rate strategist at BNP Paribas SA, is telling clients that “central banks are back in the bond market driving seat.”