Summary of the most interesting economic events from the trading week of 21-27 November 2022

Welcome to the regular Monday recap of the fundamentals from the last trading week and the outlook for the current one.

Will Wednesday's eurozone data surprise us?

Read on to keep yourself in the loop!

EUR

On Tuesday, the European Central Bank (ECB) published its Monetary Policy Meeting Report, which showed a widely shared view that the outlook for inflation in the euro area was continuing to deteriorate.

TIP: full ECB minutes

https://www.ecb.europa.eu/press/accounts/2022/html/ecb.mg221124~3527764024.en.html

USD

November's US PMI data show us that there was a solid decline in business activity across the US private sector.

NZD

On Wednesday, the Reserve Bank of New Zealand raised its key interest rate by 75 basis points, in line with market estimates.

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

The current trading week will be weaker again for the incoming data as there is no central bank meeting.

On Tuesday we will get the latest Canadian and Swiss GDP numbers.

Sources:

https://www.investing.com

https://www.forexlive.com

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