A summary of the most interesting economic events from the trading week of 17 - 23 June 2024

It's been a busy week for central banks. Join us for a refresher on the most important news we received and what we'll be watching this week!

AUD

The Reserve Bank of Australia left rates on hold at 4.35 % on Tuesday morning as estimated. There were no changes in the statement from the previous meeting. The central bank stressed it would be vigilant to inflation risks. The AUD strengthened in response to Governor Bullock's comments when she mentioned that no rate cut was on the table. However, a rate hike was part of the discussion and that was the driver for the Aussie.

What's in store for us this week?

Monday: -

Tuesday: Canadian Inflation Rate (CAD), Spanish GDP (EUR)

Wednesday.

Thursday: Retail Sales in Japan (JPY), GDP and US Claims (USD)

Friday: Tokyo inflation (JPY), French inflation, Spanish inflation, German labour market (EUR)

Sources:

https://www.investing.com

https://www.forexlive.com

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