Summary of the most interesting economic events from the trading week of August 21-27, 2023

Welcome to our regular Monday recap of a fundamental worth remembering. Last week didn't bring much to the markets, but a few things caught our eye nonetheless.

Have a nice Monday everyone!

USD

On Thursday, in a relatively quiet week, we focused on data from the US labour market.

CAD

Wednesday's Canadian retail sales data came in tentatively on par with the previous month.

NZD

We also got retail sales data from New Zealand on Wednesday, which showed better-than-expected numbers.

What's in store for the current trading week?

This week we will focus our attention mainly on the second half of the week.

On Thursday, we are due to see the preliminary inflation rate numbers from the Eurozone, which will come at 11:00 and will be accompanied by the unemployment rate, which is estimated to remain stable at 6.4 %.

Sources:

https://www.investing.com

https://www.forexlive.com

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