Key geopolitical events for 2023

January 11, 2023

Key geopolitical events over the next year in the table below.

2022	Location	Event
September
September 8	Euro area	European Central Bank meeting
September 11	Sweden	General election
September 20	U.S.	Federal Reserve meeting
October
October 2	Brazil	General election
October 27	Euro area	European Central Bank meeting
October 27	Japan	Bank of Japan meeting
November
November 1	U.S.	Federal Reserve meeting
November 8	U.S.	Midterm elections
December
December 13	U.S.	Federal Reserve meeting
December 15	Euro area	European Central Bank meeting

Source: BlackRock Investment Institute, September 2022.
Note: European Central Bank meetings shown are those accompanied by press conferences. The Bank of Japan events shown are followed by the publication of the central bank’s outlook report.

In the foreign exchange (Forex) market, a currency pair is a quotation of the relative value of one currency against another. Forex pairs are used to express the exchange rate between the two currencies, and they show how much of the quote currency (the second currency in the pair) is needed to buy one unit of the base currency (the first currency in the pair). For example, in the currency pair EUR/USD, EUR is the base currency and USD is the quote currency. If the exchange rate is 1.20, this means that one euro is worth 1.20 US dollars. There are many different Forex pairs, and they can be traded on the Forex market in order to profit from changing exchange rates.

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