Hello and welcome to Workweek,

Easter is fast approaching – although readers a week in advance are well aware that the Orthodox Church will take longer. This means working hours will be shortened for the next two weeks and we will be taking a break next week.

Sadly, the war in Ukraine will not let up. That will be a key topic on the agenda of the European Union’s foreign affairs committee in Brussels on Monday. EU under pressure – Not only from EU chief diplomat – Do more to punish Russia, the question is whether they will blockade About Rosneft.

There will be a lot of discussion about the results of the first round of voting in the French presidential election. You can hear FT journalists and guests share their views in a special webinar at 6pm CET on Monday – click here Get your tickets (free for FT subscribers) and Follow live news feeds. Just in case you don’t have it in your diary — though that’s hard to believe for subscribers of The Week Ahead — the second round of voting will take place on April 24.

We are ardent followers of the ups and downs in the week ahead, and this week we have both: Tuesday marks the 61st anniversary Yuri Gagarin Be the first man in space, or Russia’s famous Space Day, and Friday marks the 110th anniversary of the Titanic’s sinking into the depths of the Atlantic Ocean.

Your comments and suggestions are always welcome – email me [email protected]

Economic data

It may be a short work week, but it will be packed with economic data, especially inflation and output, as well as interest rate decisions from the European Central Bank and its equivalents in Canada and New Zealand.

Mainland China, France, Germany, India, Japan, the United Kingdom and the United States will all be updated on the rising cost of living in their markets through CPI or PPI reports, or both.

The Bank of Japan will hold its quarterly meeting of branch managers on Monday, an important opportunity for the central bank to gauge how the crisis in Ukraine and rising fuel costs are affecting Japan’s regional economy.

The ECB’s rate decision will be closely watched and could include a blunder that its previous estimates of inflation were too optimistic. However, interest rates are expected to remain unchanged. On the other hand, the Bank of Canada is expected to extend the tightening cycle, raising interest rates by 50 basis points to 1% and the Reserve Bank of New Zealand by 25 basis points to 1.25%.

It’s also been a busy week for UK data, including GDP estimates, monthly activity indicators, labour market data and retail sales figures, all before the national market is closed for Good Friday.

company

Another earnings season officially kicks off this week, and the headlines will be Bank of America, starting with JPMorgan On Wednesday, retailers, especially Tesco and Assos.

Expectations were high for Bank of America to report higher net interest income in the first quarter, but that may not be enough to offset the impact on profits from a slump in investment banking, as Russia’s invasion of Ukraine has wiped out wind of corporate deals.

Labour costs and rising food prices are concerns in the supermarket sector – as my colleague Cat Rutter Pooley explained so clearly This week – so investors in UK industry leader Tesco will want to see how this affects profits.On the one hand, the company said it would More than 1,000 job cuts to reduce reliance on more expensive night jobs. On the other hand, it has just announced a pay rise for staff, meaning everyone will earn at least £10.10 from July, putting Tesco in line with rivals Morrisons and Sainsbury’s.

Major Economic and Company Reports

Below is a more complete list of company reports and economic data this week.

on Monday

• China, March Consumer Price Index (CPI) and Producer Price Index (PPI) data

• Czech Republic March CPI data

• Japan, March PPI data plus Bank of Japan holds quarterly branch manager meeting, President Haruhiko Kuroda delivers opening remarks

• UK, March GDP estimates plus trade and construction output

Tuesday

• Airbus Annual General Meeting

• Delivery Q1 Trading Update

• EU, ECB Eurozone Bank Loan Survey in Q1

• French trade data for February

• Germany March CPI data plus ZEW Economic Sentiment Survey

• India’s February industrial production data plus March CPI data

• OPEC Monthly Oil Market Report

• United Kingdom, Labour Market Statistics

• US March CPI data

• result: Assos H1, JD Sports fiscal year

Wednesday

• Canada, Bank of Canada interest rate announcement

• EU industrial production data for February

• Italian industrial production data for February

• New Zealand, Reserve Bank of New Zealand monetary policy meeting

• UK March CPI and Retail Price Index (RPI) data

• US March PPI data

• result: JPMorgan the first season, Tesco H1

Thursday

• Dunelm Q3 Trading Update

• EU, ECB monetary policy meeting in Frankfurt

• India, Trade Statistics

• Israel, Q4 GDP data

• UK, Q1 Credit Conditions and Bank Liabilities Survey

• US March retail sales data

• result: Citigroup the first season, Ericsson the first season, Goldman Sachs the first season, Morgan Stanley the first season, state street the first season, TSMC the first season, FuGuo bank the first season

Friday

• France, Italy, Poland: March CPI data

• U.S. industrial production data for March

world events

Finally, here’s a rundown of other events and milestones this week.

on Monday

• In Belgium, the European Union’s foreign affairs committee gathers in Brussels to discuss how to deal with the war in Ukraine.

• South Africa, former president Jacob Zuma’s corruption trial to continue at KwaZulu-Natal High Court in Pietermaritzburg

Tuesday

• In the European Union, Equal Pay Day marks the need for women to work to earn the same wages as men throughout the year.

• April 12, 1961, the anniversary of the first manned spaceflight of Soviet cosmonaut Yuri Gagarin

Wednesday

• New Zealand, Australians allowed to enter country without quarantine or quarantine for first time since March 2020

• UK, Hillary’s term ends, first term of statutory year for England and Wales

• United States, Thomas Jefferson Day commemorates the third president’s birthday, current Vice President Kamala Harris speaks at a DNC fundraiser in Washington

Thursday

• North Korea, the birthday of the late North Korean leader Kim Il Sung

• Vaisakhi Sikh festival, marking the Sikh New Year

Friday

• Israel, Christians gather in Jerusalem for Good Friday services

• 110th anniversary of the sinking of the Titanic

• Jewish Passover (Pesach) begins

• UK, 33rd anniversary of Hillsborough tragedy – 96 Liverpool fans killed – memorial service to be held in the city

• United States, Deadline for Filing Personal Tax Returns

Saturday

• The Netherlands, the Invictus Games for the wounded and sick open in The Hague

• us, Park Pillow Fight Return to New York’s Washington Square Park after being forced to cancel in recent years due to Covid-19

Sunday

• Vatican City, Pope Francis presides over Easter Sunday Mass in St. Peter’s Square

• UK, World Snooker Championship – the sport’s most important event – opens at Crucible Theatre in Sheffield