Summary of the most interesting economic events from the trading week of August 22 - 28, 2022

Welcome to our regular Monday recap and outlook for the current trading week.

EUR

Last week kicked off with PMI data from the euro area, which signalled a deeper economic slump.

GBP

The UK private sector approached stagnation in August.

USD

August's PMI data signalled further worrying signs for the health of the US private sector. 

TIP: Read the full speech by J. Powell

https://www.federalreserve.gov/newsevents/speech/powell20220826a.htm

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

No interest rate changes are expected this week either.

Our attention will be focused mainly on Wednesday's data on euro area inflation and Canadian GDP.

Sources:

https://www.investing.com

https://www.forexlive.com

Want to read a complete summary of economic events?

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