Summary of the most interesting economic events from the trading week of July 10-16, 2023

Welcome to our regular recap of the most important fundamentals we have been following over the past week.

The latter was marked by central banks, which this time did not surprise the markets so much.

This week, however, will be rich in fundamentals.

Read on to keep up to date

GBP

Tuesday's UK leveraged market data was rather negative, which is not a positive signal.

NZD

On Wednesday, we turned our attention to the Reserve Bank of New Zealand (RBNZ) meeting, which left the key interest rate unchanged for the first time in the rate hike cycle.

USD

Wednesday's data on the US inflation rate showed us a decline that was still below market estimates.

CAD

Wednesday's Bank of Canada (BoC) meeting brought a 25 basis point hike, as expected.

TIP: Read the full Bank of Canada report

https://www.bankofcanada.ca/2023/07/mpr-2023-07-12/

What's in store for the current trading week?

This trading week will be rich in incoming inflation data, which we will certainly turn our attention to.

Tuesday, July 18 - Canadian inflation rate (14:30)

Sources:

https://www.investing.com

https://www.forexlive.com

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