Week inAdvance
Monday | Jul 11, 2022
Mon Jul 11 Libor forum at the NY Fed. IOSCO carbon markets roundtable. | Tue Jul 12 IOSCO sustainable finance roundtable. IFF Paris. | Wed Jul 13 Proxy rules on SEC's agenda. US CPI data. Bastille Day. | Thu Jul 14 G20/OECD Corporate Governance Forum. | Fri Jul 15 G20 finmins in Bali. Basel Committee meets. | Sun Jul 17 Annual Meeting of the Champions in Geneva.

The latest US inflation reading is out Wednesday, with the consumer price index projected to show an 8.8% annual gain in June following an 8.6% rate in May. China’s second-quarter GDP on July 15 is estimated to rise just 1% from a year ago as its Covid Zero policy hits growth.

The oil market is on edge as US President Joe Biden heads to the Middle East, where he’s expected to plead Gulf crude producers to pump more barrels. Biden will visit Israel on the way to Saudi Arabia, where he’ll seek to mend ties with Crown Prince Mohammed Bin Salman after criticizing the kingdom’s human-rights record.

The Nord Stream 1 pipeline – Europe’s key channel for natural gas from Russia – is scheduled to shut Monday for maintenance, tightening a market that’s seen prices soar in recent weeks and amid growing fears that Moscow may not reopen it.

All times are Eastern and subject to change.
please join us
Thursday, Jul 14
INVESTORS market practices industry update
10:30 - 11 am

Come when you can. Leave when you have to. Take your calls.
at the agencies
Monday, Jul 11
FEDERAL RESERVE BANK OF NEW YORK
Last call on LIBOR: Final steps to transition conference hosted by NY Fed President John Williams and the UK Financial Conduct Authority's Chief Executive Nikhil Rathi, about the final year of the Libor transition.

Wednesday, Jul 13
FEDERAL RESERVE
Fed releases the Beige Book.

Wednesday, Jul 13
SECURITIES AND EXCHANGE COMMISSION
Open meeting to consider whether to
  • Adopt amendments to the proxy rules governing proxy voting advice.
  • Propose amendments to update certain substantive bases for exclusion of shareholder proposals under the SEC's shareholder proposal rule (Rule 14a-8).
See the complete agenda here.
on the hill
Wednesday, Jul 13
HOUSE FINANCIAL SERVICES
Subcommittee on Consumer Protection and Financial Institutions hearing: "Better Together: Examining the Unified Proposed Rule to Modernize the Community Reinvestment Act."

Wednesday, Jul 13
HOUSE WAYS AND MEANS
Hearing: "Nowhere to Live: Profits, Disinvestment, and the American Housing Crisis."

Thursday, Jul 14
SENATE BANKING, HOUSING, AND URBAN AFFAIRS
Hearing: "Advancing National Security and Foreign Policy Through Export Controls: Oversight of the Bureau of Industry and Security."
across the globe
Monday, Jul 11
BRUSSELS, Belgium
Eurozone finance ministers to meet.

Monday, Jul 11
MADRID, Spain (virtual)
IOSCO Voluntary Carbon Markets Roundtable. Register here.

Tuesday, Jul 12
MADRID, Spain (virtual)
IOSCO "Roundtable on Good Sustainability Practices for Asset Managers and ESG Ratings and Data Providers."

Tuesday, Jul 12
LONDON, UK (hybrid)
OMFIF event: The UK economic landscape. Andrew Bailey, governor of the Bank of England, will discuss how the impact of Covid-19 and the influence of longer-term structural forces will affect the economic landscape and policy-making in the years to come.

Tuesday, Jul 12
PARIS, France
The Paris EUROPLACE International Financial Forum – IFF Paris – will take place in a context of gradual recovery from the pandemic crisis challenged by international tensions, which has led to the emergence of a global consensus to accelerate the transition of economies towards more resilient, disruptive and sustainable models. See the agenda here.

Wednesday, Jul 13
VIRTUAL
PRI's(Principles for Responsible Investment) The Investor Role in Advancing Decent Work will explore how and why investors should act on advancing the decent work agenda. It will focus on how the pandemic has exacerbated many of the pre-existing challenges, what minimum safeguards are needed to support decent work and how investors can harness the key transitions to support workers and drive real world outcomes. 

Wednesday, Jul 13
GENEVA, Switzerland
The World Economic Forum is expected to release its annual global gender gap report.

Thursday, Jul 14
BALI, Indonesia
The G20/OECD Corporate Governance Forum will provide a forum for G20, OECD and Financial Stability Board members to discuss the ongoing review of the G20/OECD Principles of Corporate Governance. It will build upon the work already undertaken on the review since its launch in November 2021, and will inform the next steps of the process. Speakers will include Indonesia’s Minister of Finance, Japan’s Minister of Finance, and the OECD Secretary-General.

Friday, Jul 15
BASEL, Switzerland
Basel Committee on Banking Supervision meets.

Friday, Jul 15 -
Saturday, Jul 16
BALI, Indonesia
G20 finance ministers and central bank governors meeting.

Sunday, Jul 17 -
Tuesday, Jul 19
GENEVA, Switzerland (virtual)
After a two-year hiatus due to the Covid-19 pandemic, the Annual Meeting of the New Champions returns virtually to convene leaders from government, business, and society for a series of high-level dialogues and action-oriented discussions to move critical collaborations forward despite ongoing global uncertainty.
other events
Tuesday, Jul 12
NORTH HOLLYWOOD, California
74th Prime-Time Emmy Awards nominations for TV’s best shows are announced by the Academy of Television Arts & Sciences.

Tuesday, Jul 12
NEW YORK CITY
NYC observes the phenomenon of “Manhattanhenge,” where the sun sets in perfect alignment with the borough’s east-west numbered streets.