Week InAdvance: August 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.
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