Summary of the most interesting economic events from the trading week of January 16 - 22, 2023

Welcome to our regular Monday recap of the most important economic events we followed during the last trading week.

Read more to stay in the loop!

EUR

The euro experienced volatility last week thanks to speeches by ECB chiefs.

GBP

On Wednesday, we turned our attention to the current UK inflation rate, which came in as estimated.

CAD

Canada's core consumer price inflation declined to 5.4 % year-on-year in December 2022.

JPY

At its January meeting, the Bank of Japan unanimously kept its key short-term interest rate at -0.1 %.

And what's in store for the current trading week?

Tuesday will see the latest PMI numbers from the euro area and the UK and the day will close with New Zealand inflation/cpi (22:45).

Sources:

https://www.investing.com

https://www.forexlive.com

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