Summary of the most interesting economic events from the trading week of November 27 - December 3, 2023

Welcome to our regular recap of the economic events we have been following over the past week. It was a rather quiet one. It wasn't until late in the week that we got the appropriate volatility, mostly on the US dollar.

Read on to keep up to date!

EUR

Wednesday's data from the euro area showed us that the annual CPI/inflation rate fell slightly.

USD

On Friday, we were waiting for important data from the US labour market, on the basis of which the US dollar weakened again.

CAD

Canada's unemployment rate was 5.1 % in November 2022, a slight decrease.

CHF

Retail sales in Switzerland fell by 2.5 % y/y in October 2022 after downwardly revised growth.

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

The most important events of the current trading week will be the Bank of Canada meeting (Wednesday at 4pm) and the Reserve Bank of Australia meeting (Tuesday at 4:30am), on which we will focus all our attention.

Sources:

https://www.investing.com

https://www.forexlive.com

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