Ballots take off | FinancialTimes


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Hello and welcome to the working week.

Or should it be voting week? The next seven days certainly have a bumper crop of elections.

On Monday, we’ll look at the fallout from Italy’s rightward turn after the end of a dismal election campaign. The Financial Times started early with a great read on what a far-right administration means for the rest of Europe. On Tuesday, from 1-2pm BST, you can join FT correspondents and a special guest for a subscribers-only virtual briefing on the election results. Get your pass at and submit your questions to the panelists.

We also have elections in Latvia, Bulgaria, Kuwait and Bosnia and Herzegovina this week. But the big one will be Sunday with the first round of the Brazilian presidential election. The favorite in the race is former left-wing president Luiz Inácio Lula da Silva, but incumbent Jair Bolsonaro is far from out of the running. Tensions are high.

A smaller but still meaningful ballot takes place on Thursday, when the City of London Alderman will decide the next Lord Mayor. This largely ceremonial role will be essential in promoting the financial center of the United Kingdom, so it is important. Hopefully the poll won’t be as controversial as last year’s.

Elections aside, this is a strong week for space travel. On Monday, NASA will crash a spacecraft into an asteroid at 23,000 km/h in order to deflect its trajectory. The $300 million Dart mission, short for Double Asteroid Redirection Test, chose an asteroid called Dimorphos as its target because it orbits another asteroid rather than the sun.

The US space agency will be busy again the next day with the launch of Artemis I, the first in a series of increasingly complex missions aimed at establishing a permanent human base on the Moon.

If that wasn’t uplifting enough, the week will end with the return of the London Marathon, albeit six months later than its usual April slot to allow it to take place after the disruptions brought by the pandemic. In another unusual change, I’ll be running it (also, almost certainly for just one year) for the benefit of a old school adventure playground located along the road – you can read about the playing field in an article I wrote about the importance of play for the FT Weekend. You can donate by click here.

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Still on the theme of the game, Lego (the name is derived from the Danish expression leg god, or play) publishes its half-year results on Wednesday. The toymaker has guided analysts to expect sales to normalize after its pandemic boom, but expectations are high that sales will continue to outpace rivals in the industry.

For gas heads, Thursday is an exciting day because the shares in Porsche will begin listing on the Frankfurt Stock Exchange following the long-awaited introduction of the luxury car brand.

It’s a darker week for lovers of the big screen. Cinema chain in difficulty cineworld will publish its half-year results on Friday. Although the group is expected to post a profit, unlike last year’s loss, the focus will be on its latest cash position and net debt level after the company filed for bankruptcy protection. United States earlier this month.

Economic data

It will be a week to find out how the economies are performing and how the public expects them to perform with gross domestic product figures from the US, Canada and the UK as well as several surveys on the consumer confidence.

We’ll also get a glimpse of Europe’s battle to calm inflation with the release of the Consumer Price Index and Producer Price Index for Germany, France and Italy. .

Main economic and corporate reports

Here’s a more comprehensive list of what to expect in terms of corporate reports and economic data this week.


  • European Central Bank President Christine Lagarde attends the Economic and Monetary Affairs Committee of the European Parliament in Brussels

  • The OECD publishes its forecasts on the short-term outlook for the world economy in its interim economic outlook

  • Germany, Ifo business climate index

  • Japan, S&P Global composite (services and industrials) Purchasing Managers Index (PMI)


  • France, claims for monthly unemployment benefits

  • Nigeria, monthly interest rate setting meeting

  • UK, Bank of England Chief Economist Huw Pill speaks at the CEPR/Barclays Monetary Policy Forum

  • United States, Federal Housing Finance Agency monthly house price index plus residential home sales figures

  • United States, consumer confidence data

  • Results: AG Barr H1, Ferguson Q4, Saga H1


  • France, monthly consumer confidence figures

  • Germany, GfK Monthly Consumer Confidence Survey

  • Japan, the Bank of Japan publishes the minutes of its last monetary policy meeting

  • United Kingdom, British Retail Consortium Nielsen monthly store price index

  • UK, keynote address by Sir Jon Cunliffe, Deputy Governor for Financial Stability at the Bank of England, at the AFME Operations, Post-trade, Technology & Innovation conference on “The role of technology in changing landscape of payment and settlement systems”

  • Results: Boohoo H1, Lego H1, Media for Europe H1, neam shepherd AF


  • Canada, July GDP figure

  • Germany, consumer price index (CPI) inflation rate

  • Italy, August Producer Price Index (PPI) inflation rate

  • Shares in Porsche expected to start trading on the Frankfurt Stock Exchange

  • United Kingdom, Bank of England lending data

  • United States, Q2 GDP figures (third estimate)

  • Results: Autogrill revenue performance through August 31, H&M Q3, Next H1, Nike Q1


  • General manufacturing and services PMI data for China, Caixin

  • Inflation and unemployment figures in the EU and the euro zone

  • France, provisional monthly data on CPI and PPI inflation rates

  • Germany, monthly unemployment, import prices and retail sales data

  • Italy, August unemployment figures and CPI inflation rate data

  • Japan, monthly unemployment rate, industrial production and retail sales data

  • United Kingdom, British Retail Consortium monthly economic briefing

  • United Kingdom, updated Q2 and monthly GDP figures

  • United States, Federal Reserve Vice Chairman Lael Brainard delivers keynote address at the conference on Financial Stability Considerations for Monetary Policy

  • Results: cineworld H1

Global Events

Finally, here’s a look at some of the other events and milestones from this week.


  • Austria, the Annual General Conference of Member States of the International Atomic Energy Agency opens in Vienna

  • New Zealand, a public holiday and state memorial service to mark the death of Queen Elizabeth II

  • Rosh Hashana, the Jewish New Year, one of the holiest days in Judaism, commemorating the creation of the world, is celebrated

  • US and Nasa Asteroid Redirection (Dart) test mission to deliberately crash spacecraft into an asteroid set to begin

  • In the United States, Elizabeth Holmes is expected to be sentenced in a San Jose court after being found guilty in January of defrauding investors in her company Theranos


  • Japan, state funeral at the Nippon Budokan in Tokyo for former Prime Minister Shinzo Abe, who was shot dead during a campaign rally in July

  • UK Labor leader Sir Keir Starmer will speak and take questions from delegates, at his party’s conference in Liverpool with pressure on him to stand as Prime Minister-in-waiting

  • UK, 1,900 Unite members employed at the Port of Felixstowe, responsible for 48% of UK containerized goods, will begin a second eight-day strike

  • In the United States, Artemis I, the largest and most powerful rocket launched by NASA, should to remove from the Kennedy Space Center in Florida. It will be the first in a series of increasingly complex missions aimed at establishing a long-term human presence on the Moon for decades to come.




  • UK last day £20 and £50 paper notes will be legal tenderhaving been replaced by polymer banknotes

  • UK, members of the Communications Workers Union employed by Royal Mail begin a two-day strike


  • China, National Day of Commemoration of the Founding of the People’s Republic of China, the start of the Golden Week National Day

  • Germany, the minimum wage increases to 12 € per hour

  • Latvia, parliamentary elections

  • Nigeria, national day

  • UK railway workers from RMT and Aslef unions begin first of two 24-hour pay strikes

  • UK, NHS practices in England will have to provide improved access appointment between 6:30 p.m. and 8 p.m. Monday to Friday and between 9 a.m. and 5 p.m. on Saturday under the new contracts for general practitioners imposed by the government in April.

  • UK energy regulator Ofgem’s price cap comes into effect


  • Australia Daylight Saving Time begin

  • Bosnia and Herzegovina, legislative elections

  • Brazil, first round of the presidential election. If no one wins more than 50% of the valid votes, a second round will take place on October 30 between the two best candidates.

  • Bulgaria, parliamentary electionsthe fourth in the country in two years

  • United Kingdom, the London Marathon

  • UK, Conservative Party Conference opens in Birmingham

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