Week inAdvance
Monday | Aug 1, 2022
Mon Aug 1 Tory members begin voting in UK. | Tue Aug 2 Asean gathering. | Wed Aug 3 OPEC+ meeting on output. | Thu Aug 4 BOE rate decision. Climate change in the Senate. | Fri Aug 5 US payrolls report.

In a still-tight labor market, the monthly US payrolls report Friday is expected to show a gain of 250,000 jobs for July, while the unemployment rateis seen holding at 3.6%. 

The OPEC+ group of oil producers, which includes Russia, convenes to decide on output plans for September. Voting starts, and campaigning continues, in the UK’s race to replace outgoing Prime Minister Boris Johnson. 

US House Speaker Nancy Pelosi is expected to be in the Asia-Pacific region, with an itinerary including stops in Indonesia, Japan and Singapore, according to people familiar with the situation. It’s unclear whether her visit will include Taiwan.

All times are Eastern and subject to change.
save the date
Thursday, Aug 11
INVESTORS market practices industry update
10:30 - 11 am

Come when you can. Leave when you have to. Take your calls.
at the agencies
Tuesday, Aug 2
Small Business Capital Formation Advisory Committee meeting to discuss liquidity challenges for investors in small and emerging businesses. SEC Chair Gary Gensler will deliver remarks. See the complete agenda here.

Friday, Aug 5
The monthly US payrolls report is expected to show a gain of 250,000 jobs in July and an unchanged unemployment rate of 3.6%, just above a five-decade low and indicating a still-healthy labor market. The Federal Reserve would likely need to see a sustained increase in the jobless rate over a number of months before reconsidering its interest-rate hikes aimed at slowing inflation.
on the hill
Tuesday, Aug 2
Hearing: "‘The Rent Eats First’: How Renters and Communities are Impacted by Today’s Housing Market."

Thursday, Aug 4
Hearing: "Borrowed Time: The Economic Costs of Climate Change."
across the globe
Monday, Aug 1
Tory members begin voting on the next UK prime minister after the resignation of Boris Johnson, with Foreign Secretary Liz Truss and former Chancellor Rishi Sunak going head to head. Campaigning continues in various regional centers.

Tuesday, Aug 2 -
Saturday, Aug 6
PHNOM PENH, Cambodia
US Secretary of State Antony Blinken is expected to attend the Asean foreign ministers’ meeting, and visit the Philippines. Russian Foreign Minister Sergei Lavrov is also expected to attend the Asean talks.

Wednesday, Aug 3
VIENNA, Austria
OPEC+ meets to decide on crude production plans for September. Their deliberations follow US President Joe Biden’s visit to Saudi Arabia last month to press the group’s Gulf members to boost output.

Thursday, Aug 4
SINGAPORE (in-person & virtual)
other events
Thursday, Aug 4
The National Oceanic and Atmospheric Administration updates its 2022 Atlantic hurricane forecast ahead of the historical peak of the season.