Welcome to our regular Monday recap of the most important events we focused on in the last trading week.
The latter was somewhat dead on new incoming data, but a few things happened anyway that are good to remember.
Read on to keep up to date!
EUR
The week kicked off with a speech by ECB Executive Board member Isabel Schnabel, who mentioned that a 50bp rate hike is not off the table at the central bank's next meeting.
USD
US GDP data showed us last week that the US economy grew by an annualised 1.% in Q1 2023, according to a preliminary estimate.
AUD
Wednesday's inflation in Australia showed us a decline, which in itself is negative news for AUD.
JPY
On Friday, we turned our attention to the Bank of Japan meeting, which did not bring any change as expected.
And what's in store for the current trading week?
The current trading week will be a bit more varied for incoming data.
On Tuesday morning (6:30) we have the RBA meeting, which is expected to pause, as we mentioned above.
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