October 2, 2014/Bloomberg
The International Monetary Fund and the World Bank hold their annual meetings in Washington, and the IMF releases its outlook for the global economy.
Finance ministers and central bankers from the Group of 20 economies also gather in the U.S. capital, where European Central Bank President Mario Draghi will deliver a speech.
The Federal Reserve releases minutes of the September meeting of its Federal Open Market Committee. The Bank of England announces its decision on interest rates.
Brazil holds the first round of its presidential election.
Companies releasing earnings include Alcoa Inc. (AA), Monsanto Co. (MON), PepsiCo Inc. (PEP) and Samsung Electronics Co. (005930)
Bill Gross starts his first day at Janus Capital Group Inc. after leaving Pacific Investment Management Co.
The Nobel prizes will be awarded.
SATURDAY, OCT. 4
-U.K. Deputy Prime Minister Nick Clegg’s Liberal Democrat party starts its annual conference, the last before the May 2015 general election. Support for the party has slumped since it joined the government in 2010, threatening the loss of dozens of its House of Commons seats. The conference opens at 13:20 in Glasgow, Scotland (08:20 EDT).
–Major League Baseball playoffs, National League Division Series. The Los Angeles Dodgers host the St. Louis Cardinals in Game 2 of the best-of-five series. (21:30 EDT). Click here for other division game schedules.
-College Football. No. 9 University of Notre Dame plays No. 14 Stanford University. (15:30 EDT). Click here for other game schedules.
SUNDAY, OCT. 5
-Brazil national election, first round. President Dilma Rousseff and Brazilian Socialist Party candidate Marina Silva are likely to advance to a second round on Oct. 26. Eleven candidates are competing in today’s vote. Rousseff is leading in the latest polls. Polls close at 17:00 (16:00 EDT).
-Latvia holds a parliamentary election, with Prime Minister Laimdota Straujuma’s ruling alliance leading in polls. Voting ends at 20:00 in Riga (13:00 EDT).
-Bulgaria holds an early parliamentary election, with former Prime Minister Boyko Borissov’s Gerb party leading in polls. The voting is scheduled to end at 19:00 in Sofia (12:00 EDT).
-U.K. Deputy Prime Minister Nick Clegg is interviewed on BBC Television’s “Andrew Marr Show.” The program starts at 09:00 in Glasgow, Scotland (04:00 EDT). Chief Secretary to the Treasury Danny Alexander addresses the Liberal Democrats’ conference at 14:20.
-NFL. The Arizona Cardinals play the Denver Broncos (16:05 EDT) and the Cincinnati Bengals face the New England Patriots (20:30 EDT). Click here for other NFL games schedules.
–Major League Baseball playoffs, American League Division Series. The Detroit Tigers host the Baltimore Orioles in Game 3 of their series (15:30 EDT).
MONDAY, OCT. 6
-Swaps rules. The biggest overhaul to the $17 trillion credit-derivatives market in more than a decade occurs today with new rules governing default swaps.
-European Central Bank Governing Council member Carlos Costa speaks at a meeting of central banks from Portuguese-speaking countries in Lisbon. 09:00 local time (04:00 EDT).
-U.K. Business Secretary Vince Cable addresses the Liberal Democrat party’s annual conference at 12:20 in Glasgow, Scotland (07:20 EDT). Deputy Prime Minister Nick Clegg answers delegates’ questions at 15:00.
-Nigerian Finance Minister Ngozi Okonjo-Iweala will speak at the FT Africa Summit. 09:00 in London (04:00 EDT).
-U.S. government bond auctions, Fed debt purchases. Click here for weekly schedule.
–The U.S. Supreme Court begins its fall term. Click here for schedule.
-CENTRAL BANKS: Japan policy meeting, Israel meeting minutes.
-EARNINGS: Samsung Electronics Co.
-ECONOMY: Taiwan foreign reserves (Sept.), South Korea foreign reserves (Sept.), Ukraine inflation (Sept.), Czech retail sales (Aug.).
-Nobel prizes will be awarded throughout the week, starting with the physiology or medicine award in Stockholm on Oct. 6 and ending with the peace prize in Oslo on Oct. 10.
TUESDAY, OCT. 7
-The IMF releases its World Economic Outlook report containing forecasts for major advanced and developing nations. Following the release of the report, Olivier Blanchard, the fund’s chief economist, is scheduled to hold a press conference. 09:00 in Washington.
-IMF and World Bank. Click here for full schedule of this week’s annual meetings and related events in Washington.
-The Bank of Japan will announce monetary policy at the end of a two-day meeting in Tokyo. The meeting usually concludes at about midday and is followed by a press conference with Governor Haruhiko Kuroda at 15:30 in Tokyo (02:30 EDT).
-Federal Reserve Bank of New York President William C. Dudley speaks at the Rensselaer Polytechnic Institute in Troy, New York, on the economy. 15:00.
-U.S. Treasury Secretary Jacob J. Lew speaks about the global economy at the Peterson Institute for International Economics. 08:45 in Washington.
-ECB Governing Council member Klaas Knot presents the Dutch central bank’s financial stability report in Amsterdam. 10:00 CET (04:00 EDT).
-ECB Governing Council member Carlos Costa speaks at a conference about auditing, risk and governance in Lisbon. 14:00 local time (09:00 EDT).
-Japan hosts senior defense officials from the Association of Southeast Asian Nations’ member states to discuss cooperation on maritime security equipment and technology. Time to be determined, in Yokohama.
-U.S. Supreme Court and religion. Justices will hear arguments on whether the Arkansas Department of Correction’s grooming policy violates federal law by prohibiting a Muslim prisoner from growing a half-inch beard in accordance with his religious beliefs. 10:00 in Washington.
–CEATEC JAPAN information-technology conference. Speakers include Norio Sasaki, Toshiba Corp. vice chairman and former chief executive officer, and Masami Yamamoto, president of Fujitsu Ltd. Makuhari Messe, near Tokyo. Through Oct. 11.
-Australia’s Bureau of Meteorology publishes its latest predictions for El Nino, which brings dry weather to Southeast Asia and heavier-than-usual rainfall to South America. From 14:00 in Melbourne (00:00 EDT).
-German Finance Minister Wolfgang Schaeuble gives a speech at a gala honoring former U.S. Secretary of State James Baker on the 25th anniversary of the fall of the Berlin Wall. Event starts at 20:00 CET (14:00 EDT) at the American Academy in Berlin.
-U.K. Energy Secretary Ed Davey addresses the Liberal Democrat party’s annual conference at 14:20 in Glasgow, Scotland (09:20 EDT).
-The Bank of Portugal releases data on Portuguese banks, including European Central Bank financing. Time to be determined.
-The International Criminal Court will begin deciding on whether to postpone the trial of Kenyan President Uhuru Kenyatta. 09:00 CET in The Hague (3:00 EDT).
-The U.S. Energy Information Administration publishes its short-term energy outlook and winter fuels outlook. 12:00 in Washington.
-ECONOMY: U.S. consumer credit (Aug.), Taiwan trade balance, imports and exports (Sept.) South Korea household loans (Sept.) and money supply (Aug.), South Africa gross and net reserves (Sept.), South Africa business confidence (Sept.), German industrial production (Aug.), French budget balance (Aug.), U.K. industrial production (Aug.), Swiss foreign-currency reserves (Sept.), Swiss CPI (SZCPIYOY) (Sept.), Swiss retail sales (Aug.), Estonia inflation (ESCPLYOY) (Sept.), Hungary industrial production (Aug.), Czech industrial output (Aug.).
-CENTRAL BANKS: Australia rate decision, Indonesia rate decision.
-EARNINGS: Yum! Brands Inc. (YUM)
WEDNESDAY, OCT. 8
-Fed minutes. The Federal Reserve releases minutes of its Sept. 16-17 meeting of the Federal Open Market Committee. At that meeting, policy makers maintained a commitment to keep interest rates near zero for a “considerable time” after the central bank completes asset purchases. 14:00 in Washington.
-The International Monetary Fund releases its Global Financial Stability Report. Jose Vinals, director of monetary and financial markets, will speak at a press conference following the release. 09:00 in Washington.
-Former Federal Reserve Chairman Ben S. Bernanke delivers remarks to the World Business Forum about the global economy. 16:30 in New York.
-Haruhiko Kuroda, governor of the Bank of Japan, speaks at the Economic Club of New York. 19:45 in New York.
-German Chancellor Angela Merkel, Italian Prime Minister Matteo Renzi and French President Francois Hollande are among European leaders meeting in Milan to discuss ways to create jobs amid disagreements over budget policy. Time to be determined.
-U.S. Supreme Court and Amazon.com worker-pay case. Justices hear arguments about whether the online retailer’s shipping-center employees must be paid for time undergoing searches to prevent theft. Similar claims are being pressed against CVS Pharmacy Inc. and Apple Inc. (AAPL) 10:00 in Washington.
-Bank of Japan Governor Haruhiko Kuroda speaks at the Economic Club of New York ahead of the G-20, International Monetary Fund and World Bank meetings. 19:45 in New York.
-U.K. Deputy Prime Minister Nick Clegg gives the keynote speech to end his Liberal Democrat party’s annual conference. Glasgow, Scotland, 13:00 (08:00 EDT).
-Kenyan court to hear request by lobby group, Concerned Kenyans, for central bank Governor Njuguna Ndung’u to be removed. 09:00 in Nairobi (02:00 EDT).
-The Bank of Portugal releases its Autumn Economic Bulletin, which may include updated forecasts. Time to be determined.
-Israeli markets closed for two days for public holidays.
-ECONOMY: Brazil IPCA inflation (Sept.), HSBC China Services PMI (Sept.), HSBC China Composite PMI (Sept.), Hong Kong foreign reserves (Sept.), Japan current account (Aug.), Ghana GDP (GAGDPYOY) (second quarter), Bank of France business sentiment (Sept.), Swiss unemployment (Sept.), Czech unemployment (Sept.), Romania GDP (ROGDPQOQ) (second quarter), Bulgaria industrial production (Aug.), Lithuania inflation (Sept.), Latvia inflation (Sept.), Russia consumer confidence (third quarter).
-CENTRAL BANKS: Polish rate decision, Hungary meeting minutes.
-EARNINGS: Alcoa Inc., Costco Wholesale Corp. (COST), FamilyMart Co. (8028), Monsanto Co.
-The NHL regular season begins. Click here for game schedules.
THURSDAY, OCT. 9
-International Monetary Fund Managing Director Christine Lagarde holds a press conference at 10:00 and World Bank President Jim Yong Kim talks to the media at 09:00 to preview the IMF and World Bank annual meetings. In Washington.
–G-20 meeting. Finance ministers and central bankers from the Group of 20 nations are scheduled to meet today and tomorrow in Washington as the IMF and World Bank hold their annual meetings.
-European Central Bank President Mario Draghi speaks at the Brookings Institution on the latest developments in Europe and in global central banking. His remarks will be followed by a conversation between Draghi and Federal Reserve Board Vice Chairman Stanley Fischer. 17:00 in Washington.
-Bank of England rate decision. The Monetary Policy Committee will probably keep its benchmark interest rate at a record-low 0.5 percent. 12:00 in London (07:00 EDT).
-CFTC and bitcoin. The U.S. Commodity Futures Trading Commission’s Global Markets Advisory Committee will discuss topics including the jurisdiction of derivative contracts that reference the digital currency bitcoin. Click here for details. 13:30 in Washington.
-Swiss National Bank Vice President Jean-Pierre Danthine speaks in Martigny. 10:00 CET (04:00 EDT).
-German Chancellor Angela Merkel and Polish Prime Minister Ewa Kopacz hold talks on European policy and Ukraine. The talks start at 12:00 CET (06:00 EDT), followed by a joint news conference at 13:15 CET.
-The U.K. Independence Party, which campaigns for withdrawal from the European Union and curbs on immigration, is set to win a seat in the House of Commons for the first time. Douglas Carswell, the Tory lawmaker for Clacton in eastern England, who defected to UKIP in August, is running for re-election for his new party and is the favorite. The opposition Labour Party is favored to retain the Middleton & Heywood district in northwest England in a second special election. Polls are open from 07:00 (02:00 EDT) to 22:00. The results are due early on Oct. 10.
-The United Nations’ Food and Agriculture Organization reports on food prices for September. 10:00 CET in Rome (04:00 EDT).
-The U.S. Energy Information Administration releases its weekly natural gas supply report. 10:30 in Washington.
-Nigerian President Goodluck Jonathan, Finance Minister Ngozi Okonjo-Iweala and Industry, Trade and Investment Minister Olusegun Aganga speak at the Made in Nigeria conference. 09:30 in Abuja (4:30 EDT). Through Oct. 10.
-ECONOMY: U.S. initial jobless claims (weekly), Bloomberg U.S. consumer comfort (weekly), U.S. wholesale inventories (Aug.), Mexico inflation (Sept.), Japan machinery orders (Aug.), Australia employment data (Sept.), South Africa mining production (Aug.), South Africa manufacturing production (Aug.), German exports (Aug.), French trade balance (Aug.), U.K. RICS house-price index (Sept.), Greek inflation (Sept.), Greek unemployment (July), Dutch CPI (NECPEURM) (Sept.), Czech inflation (Sept.), Egypt CPI (EGCPYOY) (Sept.).
-CENTRAL BANKS: Peru rate decision.
-EARNINGS: PepsiCo Inc., Fast Retailing Co. (9983)
FRIDAY, OCT. 10
-IMF and World Bank annual meetings. The IMF and World Bank begin their annual meetings in Washington as finance ministers and central bankers from around the world discuss ways to bolster the global economic recovery, weather the latest bout of geopolitical instability and lift incomes in poor countries. Click here for schedule. Through Oct. 12.
-Chinese credit and bank lending may have risen in September as the government sought to support growth. China’s broadest measure of new credit trailed analyst estimates in August. The central bank will also announce money supply data. Timing to be determined, any day between Oct. 10-15.
-German Chancellor Angela Merkel and Chinese Prime Minister Li Keqiang lead a joint cabinet meeting in Berlin and plan to complete an investment partnership accord. The meeting is the third high-level dialogue between the leaders of the two governments. The talks start at 11:30 CET (05:30 EDT), and are followed by a joint news conference at about 15:10 CET.
-The Institute of International Finance conference in Washington will cover the state of the global economy and the financial system. Speakers during the two-day event include Mohamed El-Erian, chief economic adviser, Allianz SE; James Gorman, chief executive officer, Morgan Stanley; Daniel Tarullo, Federal Reserve governor; Jason Furman, chairman of the White House’s Council of Economic Advisers; Ma Jun, chief economist of the People’s Bank of China; India central bank Governor Raghuram Rajan; and Douglas Flint, chairman, HSBC Holdings Plc. Starts at 08:30. Click here for full list of speakers. Through Oct. 11.
-Moody’s Investors Service is expected to provide an update on Italy’s sovereign-debt rating. In February, the country’s credit-rating outlook was raised to stable from negative by Moody’s. Time to be determined.
-The Malaysian Palm Oil Board issues data for inventories, production and shipments in September. 12:30 in Kuala Lumpur (00:30 EDT).
-The U.S. Department of Agriculture releases its monthly report on supply and demand for crops. 12:00 in Washington.
-North Korea marks the founding anniversary of its ruling Workers’ Party as the whereabouts of leader Kim Jong Un remains unclear after state media acknowledged he has “discomfort” and a South Korean newspaper reported he has been hospitalized.
-ECONOMY: U.S. monthly budget statement (Sept.), Mexico industrial production (Aug.), French industrial production (Aug.), U.K. trade balance (Aug.), Italy industrial production (Aug.), Greek industrial production (Aug.), Dutch industrial production (Aug.), Dutch trade balance (Aug.), Portugal CPI (Sept.), Norway CPI (NOCPULYY) (Sept.), Denmark CPI (DNCPIMOM) (Sept.), Slovakia industrial production (Aug.), Romania inflation (Sept.), Romania industrial output (Aug.), Hungary inflation (Sept.), Slovenia industrial production (Aug.).
-CENTRAL BANKS: Bank of Japan meeting minutes (Sept.).
-Major League Baseball’s best-of-seven American League Championship Series begins. Teams and times to be determined. Click here for playoff schedule.
-SOVEREIGN RATING UPDATES: Albania (S&P), Angola (Fitch), Belarus (S&P), EFSF (S&P), Finland (S&P), France (S&P), Latvia (Moody’s), Lebanon (S&P), Netherlands (DBRS), Portugal (Fitch), Serbia (S&P), Spain (DBRS).
SATURDAY, OCT. 11
-International Monetary Fund Managing Director Christine Lagarde gives a news conference during the IMF and World Bank’s annual meetings. 13:15 in Washington.
-Chinese Premier Li Keqiang speaks at a conference in Hamburg, Germany. Time to be determined.
-Major League Baseball’s best-of-seven game National League Championship Series begins. Teams and times to be determined. Click here for playoff schedule.


