Week inAdvance
Monday | Jun 29, 2020
Mon Jun 29 N ew round of post-Brexit talks . | Tue Jun 30 Powell & Mnuchin appear at House Financial Services hearing. | Wed Jul 1 S uccessor agreement to Nafta comes into force . FOMC meeting minutes. | Thu Jul 2 U.S. bond markets close at 2 pm in observance of Independence Day holiday. | Fri Jul 3 U.S.  Independence Day holiday observed. Markets closed, along with government offices.
Governments are gradually easing Covid-19 lockdowns and travel restrictions to revive economic growth, while attempting to control any resurgence of Covid-19. Infections have flared up in much of the U.S., plus there have been new scares in Germany and Australia. Brazil, India and Indonesia continue to see cases soar. The pandemic’s economic fallout is global: the World Bank predicts more than 90% of world economies will experience a recession this year.

Russians are voting on changes to their constitution, which if approved would allow Vladimir Putin to remain in power until 2036. Top Chinese lawmakers meet and are expected to finish new national security legislation for Hong Kong.
All times are Eastern and subject to change.
save the date
Thursday, Jul 9
INVESTORS market practices industry update
11:30 - noon

Friday Jul 10
INVESTORS ESGaction GOODbenchmarks Working Group
1 - 2 pm

Come when you can. Leave when you have to. Take your calls.
at the agencies
Wednesday, Jul 1
FEDERAL RESERVE
FOMC (Federal Open Market Committee) releases minutes from their June 9-10 meeting. At the news conference after the meeting, Fed Chair Jay Powell gave a bleak assessment of Covid-19's economic effects, and made clear there would be no increase in interest rates. The minutes should deliver further detail, including the FOMC's view of the prospects for a full recovery, and the measures it is considering to stave off further damage.
on the hill
Tuesday, Jun 30
HOUSE FINANCIAL SERVICES
Hearing on Treasury and Federal Reserve responses to the pandemic. Treasury Secretary Steven Mnuchin and Fed Chair Jerome Powell will testify.

Tuesday, Jun 30
SENATE BANKING, HOUSING, AND URBAN AFFAIRS
Hearing on the digitization of money and payments.

Tuesday, Jun 30
SENATE FINANCE
Subcommittee on International Trade, Customs, and Global Competitiveness hearing on censorship as a non-tariff barrier to trade.
across the globe
Monday, Jun 29
BEIJING, China
Top lawmakers from China’s National People’s Congress continue  meeting  in Beijing amid speculation they’re putting the final touches on sweeping national security legislation for Hong Kong. The measure wasn’t initially on the NPC Standing Committee’s agenda, and was added at the last minute.

Monday, Jun 29
BRUSSELS, Belgium
European Union Brexit chief negotiator Michel Barnier meets U.K. counterpart David Frost for further talks on a trade deal.

Monday, Jun 29
RIYADH, Saudi Arabia
G20 2nd Trade and Investment Working Group virtual meeting, Day 2.

Monday, Jun 29
LONDON, U.K.
U.K. Prime Minister Boris Johnson’s government aims to fast-track legislation to ease Covid-19 restrictions on businesses. Measures will include letting pubs serve customers in their car parks, and extended construction site operating hours. Johnson is also expected to deliver a landmark speech on how the country will move on from the pandemic.

Wednesday, Jul 1
MOSCOW, Russia
Russians hold the final day of  voting on changes  to the nation’s constitution, including an amendment that would allow President Vladimir Putin to helm the country for two more six-year terms. Putin is already the longest-serving Russian leader since Josef Stalin.

Thursday, Jul 2
PARIS, France
ESMA (European Securities and Markets Authority), EBA (European Banking Authority), and EIOPA (European Insurance and Occupational Pensions Authority) pubic hearing on proposed ESG (environmental, social, and governance) disclosure standards for financial participants, advisers, and products.
other events
Tuesday, Jun 30
Asteroid Day , a UN-supported effort to build global awareness of asteroids and of the dangers an impact poses to the Earth. If this seems a fanciful prospect, the date provides a riposte: June 30, 1908 was the date of the so-called Tunguska event, when a small asteroid exploded in the air above Siberia, flattening more than 1,200 sq mi of forest.

Tuesday, Jun 30
New York Fed President John Williams gives a speech on central banking in the age of Covid-19, on a webinar hosted by the  Institute of International Finance . ECB Executive Board member Isabel Schnabel and BOE Deputy Governor Jon Cunliffe speak at the same event.

Wednesday, Jul 1
The U.S.-Mexico-Canada Agreement, the U.S. replacement for the Nafta trade deal, comes into effect. It includes a digital chapter, and provisions to favor sourcing from North America, to protect high-wage jobs in the car sector, and to increase U.S. farmers’ access to the Canadian market.
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