Summary of the most interesting economic events from the trading week May 29 - June 4, 2023

Welcome to our regular Monday recap of the most important fundamentals.

Last week, we focused mainly on the incoming data from the euro area and the US, which were surprising.

Read on to keep up to date!

EUR

Last Thursday, we turned our attention to the preliminary inflation numbers from the euro area, which came in below.

USD

The end of the week closed with the US labour market numbers, on which the US dollar strengthened.

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This week we will focus mainly on central bank meetings.

The Reserve Bank of Australia meets on Tuesday at 6:30am, where the market expects a pause in rate hikes.

Sources:

https://www.investing.com

https://www.forexlive.com

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