Welcome to our regular Monday roundup of the more uninteresting events we focused on in the last trading week.
Last week, the European Central Bank Forum on Central Banking 2022. We focused our attention mainly on Wednesday's panel, where 3 central bank representatives spoke:
Andrew Bailey - BOE Governor, Christine Lagarde - ECB President, Jerome Powell - Fed Chairman.
Here you will find the record:
GBP
The slowdown in UK manufacturing continues to be reflected in output growth approaching stagnation and new orders falling.
AUD
May retail sales in Australia grew by 0.9 %, the same as those in April. This beat market estimates, which were more in the region of 0.4 %. This was the fifth consecutive month of growth
CHF
We also saw retail sales from Switzerland. They fell by 1.6 % year-on-year.
And what's in store for the current trading week?
Apart from the fact that today is a holiday in the US, we will focus our attention on Tuesday's meeting of the Reserve Bank of Australia, where a 50bp rate hike is expected.
A day later, on Wednesday, we will be interested in the US FOMC minutes, which will offer the FOMC's stance on monetary policy.
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