Welcome to this week's regular Monday recap and outlook. Let's take a look together at what we've focused on, and what will be critical for us this week.
Read more to stay in the loop!
At the start of last week, we got some weaker data from the euro area, which caused the euro to weaken slightly.
Inflation is still in double digits but reflects a significant decline from the 10.5 % minimum in December. The pound has thus fallen sharply.
On Tuesday, the market was still preparing for US inflation, which was not as surprisingly positive as everyone might have expected.
And what's in store for the current trading week?
This week we are again expecting a bit more data that might surprise us. On Tuesday, we will focus our attention on the current inflation rate in Canada, which will be released at 14:30.
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Monday's recap is here! Read more about how stronger Canadian labour data impacted the Canadian dollar.
Read more to stay in the loop!
Over the past week we have again received some weaker data from the UK, which continues to reinforce our belief that the UK is heading into recession.
On Tuesday, we focused on Fed President Jerome Powell's speech reacting to the recent positive labour market data. Powell mentioned that he did not expect the data to come out so strong.
On Friday, we got surprising data from the Canadian labour market, which followed the US one the previous week.
The most important event we focused our attention on was Tuesday's RBA meeting, which raised the base rate as expected.
Earlier in the week we get UK labour market data (Tuesday 8:00) and the current US inflation rate (Tuesday 14:30), which could bring volatility to the market, and which we will focus on in detail.
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We bring you our regular Monday recap of the most important fundamental events that the markets focused on in the past trading week.
And that there was a lot. We had several central bank meetings that brought volatility to the markets.
Read on to find out more!
At Thursday's meeting, the European Central Bank raised interest rates by 50 basis points, as the market expected.
Thursday's meeting of the Bank of England also did not surprise significantly. The central bank voted to raise interest rates by 50 basis points to 4.0 %. This was the tenth rate hike in a row.
The icing on the cake of the week was Wednesday's Fed meeting, which raised the benchmark interest rate by 25 basis points as expected.
The koruna is the strongest against the euro since July 2008.
We won't see as much in the current week, but there are still some interesting events worth waiting for.
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Welcome to our last January summary of the fundamentals that we used to shape our business plans last week.
The week surprised with a few numbers and we could see higher volatility.
Read more to stay in the loop!
EUR
Last week we got quite positive data from the euro area.
USD
US PMI brought us slightly positive data for the US dollar after a long time.
CAD
On Wednesday, we closely followed the Bank of Canada meeting, which did not surprise us much.
And what's in store for the current trading week?
The current trading week will be marked by central bank meetings, on which we will focus our attention. The most important meeting will be on Wednesday (20:00) when the Federal Reserve (Fed) will meet. The markets are expecting a hike of only 25 basis points.
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Welcome to our regular Monday recap of the most important economic events we followed during the last trading week.
Read more to stay in the loop!
The euro experienced volatility last week thanks to speeches by ECB chiefs.
On Wednesday, we turned our attention to the current UK inflation rate, which came in as estimated.
Canada's core consumer price inflation declined to 5.4 % year-on-year in December 2022.
At its January meeting, the Bank of Japan unanimously kept its key short-term interest rate at -0.1 %.
Tuesday will see the latest PMI numbers from the euro area and the UK and the day will close with New Zealand inflation/cpi (22:45).
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The regular Monday Fundamental Summary is available! Included in the summary is a look at the events we will be focusing on during the week.
Unemployment remained stable in November.
On Wednesday, we were waiting for weaker data on US inflation, which almost came in as estimated.
The monthly Consumer Price Index (CPI) in Australia rose by 7.3 % in the year to November 2022, accelerating from October's reading of 6.9 %.
This trading week will bring us some more interesting events from the central banks.
Throughout the week, we will be watching incoming data on the current inflation rate, which will come in turn from Canada (Tuesday, 14:30), the United Kingdom (Wednesday, 8:00) and the euro area (Wednesday, 11:00).
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Welcome to our regular Monday recap of the fundamentals we've focused on over the past week.
Included is our look at this week, where we expect to kick off the New Year.
On Friday, we focused on the current inflation rate in the euro area, which was broadly positive for the euro.
PMI data from the UK did not bring much optimism to the pound last week.
Along with Canada, we also watched the US labour market numbers on Friday, which at first glance seem positive.
There is no central bank meeting this week. However, we will get some interesting data from the US and the UK.
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Welcome to the first Monday recap of 2023!
Last week we were only interested in the latest Japanese retail sales numbers, which were not very positive.
The first week of the New Year 2023 will still be relatively quiet.
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Welcome to the last recap of the year. December is usually referred to by traders as the weakest month of the year. Even so, there were some interesting events to keep track of.
Read on to keep up to date!
Retail sales in Canada rose by 1.4 % from the previous month, slightly below the preliminary estimate of 1.5 %.
The greatest volatility was seen during the past week in pairs with the Japanese yen (JPY), which reacted to Tuesday's Bank of Japan decision by strengthening sharply.
On Wednesday, we saw the monetary policy meeting of the Czech National Bank, which turned out as the market expected.
In the current trading week, there is basically nothing to look forward to. So we can enjoy our well-deserved time off and prepare for the 2023 business year, to which we wish you every success on behalf of the entire F.X.C.G. team!
In the January issues we will present all the news we have prepared for you.
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Welcome to our regular Monday recap of the most important events that brought volatility to the markets during the past trading week.
At its last monetary policy meeting of the year, the European Central Bank raised interest rates by 50 basis points, marking the fourth consecutive increase.
At its December meeting last week, the Bank of England voted by a majority to raise interest rates by 50 basis points to 3.5 %, which was also expected by the market.
The most important event last week was the Fed meeting, which raised the rate by 50 basis points to 4.5 %, as the market also expected.
In the current trading week, we turn our attention to Tuesday's Bank of Japan meeting, which will come at 4:00 am followed by a press conference. Currently, the central bank is expected to leave rates at -0.10 % again.
On behalf of the entire F.X.C.G. team, we wish you a peaceful Christmas and much success in 2023!
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Czech 
Polish