Monday, July 20
Featured event: Centeno takes over as governor of BdP
Mário Centeno takes over as governor of Banco de Portugal (BdP) this Monday, July 20, after the appointment of the former finance minister as Carlos Costa's successor at the head of the regulator was approved last week in Council of Ministers and published in Diário da República. The new governor of BdP takes office with a public session, at 11:30 am, in the Salão Nobre of the Ministry of Finance, succeeding Carlos Costa, who resigned after ten years.
After months of speculation, the appointment of Mário Centeno took place after the Budget and Finance Commission (COF) approved the hearing report of Mário Centeno, despite the votes against the CDS, Bloco de Esquerda, PAN, Liberal Initiative and the deputy Social Democrat Álvaro Almeida.
Other events in focus:
Statistics Portugal: Interest rates implied in housing loans
BdP: Current and capital accounts
BdP: International investment position
EDP: EDP's capital increase starts
Tuesday, July 21
Featured event: Indebtedness of the economy
The BdP publishes data on the economy's indebtedness in May. In April, the indebtedness of the non-financial sector reached a new historical high of 736,3 billion euros in April, an increase of 11,3 billion euros compared to March. Despite the greater share of indebtedness being from the private sector, compared to the previous month, the greatest increase in indebtedness was registered in the State. Thus, in April 330,4 billion euros related to the public sector and 405,9 billion euros to the private sector.
Other events in focus:
Anacom: 2019 data on cross-border parcel delivery services
Wednesday, July 22st
Featured event: IGCP wants to raise up to 1.250 million euros in debt for ten and six years
The Treasury and Public Debt Management Agency - IGCP conducts a double auction of debt for six and ten years with a global indicative amount between € 1.250 billion and € 10 million. In the last comparable auction, on June 920, the Treasury issued 0,595 million euros in ten-year debt with an allocation rate of 1,5%, with demand exceeding supply by 0,137 times. In the six-year debt issue, the Treasury paid a rate of 585% to issue 2,08 million euros. Demand exceeded supply by XNUMX times.
Other events in focus:
NOS second quarter results
Assembly of the Republic: State of the Nation Debate
Eurostat: European Union and eurozone quarterly deficits and debts
Thursday, July 23
Featured event: European Commission measures pulse of consumer confidence
The European Commission publishes data on consumer confidence in the euro area and the European Union. In June, the economic sentiment indicator maintained the upward trend registered in May in the euro zone and in the European Union (EU), according to data from the European Commission's Directorate-General for Economic and Financial Affairs. However, it remained below the long-term averages recorded and still in negative territory.
Other events in focus:
First Half Company Results
Friday, July 20
Featured event: Eurozone PMI is known
The euro zone's industrial and service PMI is known, which at a time of high uncertainty, allows for more clues about the 'health' of the economy. In May, the PMI for industry and services rose from 31,9 points in May, to 47,5 in June, above analysts' expectations.
Other events in focus:
Pharol results for the first half
Categorias
Entidades
Monday, July 20
Featured event: Centeno takes over as governor of BdP
Mário Centeno takes over as governor of Banco de Portugal (BdP) this Monday, July 20, after the appointment of the former finance minister as Carlos Costa's successor at the head of the regulator was approved last week in Council of Ministers and published in Diário da República. The new governor of BdP takes office with a public session, at 11:30 am, in the Salão Nobre of the Ministry of Finance, succeeding Carlos Costa, who resigned after ten years.
After months of speculation, the appointment of Mário Centeno took place after the Budget and Finance Commission (COF) approved the hearing report of Mário Centeno, despite the votes against the CDS, Bloco de Esquerda, PAN, Liberal Initiative and the deputy Social Democrat Álvaro Almeida.
Other events in focus:
Statistics Portugal: Interest rates implied in housing loans
BdP: Current and capital accounts
BdP: International investment position
EDP: EDP's capital increase starts
Tuesday, July 21
Featured event: Indebtedness of the economy
The BdP publishes data on the economy's indebtedness in May. In April, the indebtedness of the non-financial sector reached a new historical high of 736,3 billion euros in April, an increase of 11,3 billion euros compared to March. Despite the greater share of indebtedness being from the private sector, compared to the previous month, the greatest increase in indebtedness was registered in the State. Thus, in April 330,4 billion euros related to the public sector and 405,9 billion euros to the private sector.
Other events in focus:
Anacom: 2019 data on cross-border parcel delivery services
Wednesday, July 22st
Featured event: IGCP wants to raise up to 1.250 million euros in debt for ten and six years
The Treasury and Public Debt Management Agency - IGCP conducts a double auction of debt for six and ten years with a global indicative amount between € 1.250 billion and € 10 million. In the last comparable auction, on June 920, the Treasury issued 0,595 million euros in ten-year debt with an allocation rate of 1,5%, with demand exceeding supply by 0,137 times. In the six-year debt issue, the Treasury paid a rate of 585% to issue 2,08 million euros. Demand exceeded supply by XNUMX times.
Other events in focus:
NOS second quarter results
Assembly of the Republic: State of the Nation Debate
Eurostat: European Union and eurozone quarterly deficits and debts
Thursday, July 23
Featured event: European Commission measures pulse of consumer confidence
The European Commission publishes data on consumer confidence in the euro area and the European Union. In June, the economic sentiment indicator maintained the upward trend registered in May in the euro zone and in the European Union (EU), according to data from the European Commission's Directorate-General for Economic and Financial Affairs. However, it remained below the long-term averages recorded and still in negative territory.
Other events in focus:
First Half Company Results
Friday, July 20
Featured event: Eurozone PMI is known
The euro zone's industrial and service PMI is known, which at a time of high uncertainty, allows for more clues about the 'health' of the economy. In May, the PMI for industry and services rose from 31,9 points in May, to 47,5 in June, above analysts' expectations.
Other events in focus:
Pharol results for the first half