Here is our regular summary and outlook. This week will be very rich from a fundamental position and we expect bigger moves. So stay tuned so you don't miss anything!
The most important event of the week was Thursday's ECB meeting, which surprised with a 25bp increase in the base interest rate.
In the group we shared our trading outlook (long) on the EUR/AUD currency pair, which has entered the first zone of interest thanks to the ECB.
The British pound had a week full of bad data, to which it reacted by weakening.
Other interesting data we were waiting for were the US labour market and inflation numbers.
Thursday's data from the Australian labour market was negative for AUD and only supported our outlook on the EUR/AUD pair.
The current trading week will be very interesting from a fundamental position and we expect significant moves.
It will all revolve around inflation and central bank meetings. Here are the most important news stories we'll be focusing on this week:
Tuesday, September 19: Eurozone (11:00) and Canadian (14:30) inflation rates
Wednesday, September 20: UK inflation (8:00) and Fed monetary policy meeting (20:00)
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Welcome to our regular Monday recap. Together, let's recap what moved the markets last week, and what we'll have in our sights this week.
Thursday's GDP data from the euro area came out rather negatively for the euro. In fact, euro area GDP increased by 0.1 % in the three months to June 2023 compared to the previous quarter, which is lower than the initial estimate of 0.3 %. This is not good news.
As every Thursday, we were interested in the US news regarding new unemployment claims.
On Tuesday, we focused our attention on the Reserve Bank of Australia meeting. At its meeting, the Bank of England kept its rate at 4.1 %
On Tuesday, we will be interested in the latest data from the UK labour market, which will come at 8:00 am.
On Wednesday, the markets will focus on US inflation, which will come at 14:30. Here we will expect increased volatility as it could affect the Fed's next steps.
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We start the new month with a summary of what happened in the last week of last month. It was mostly about data from America, which added volatility to the market.
Let's remind ourselves together of the most important things.
On Thursday, we focused on data on the unemployment rate in the euro area. It remained unchanged in July at a record low of 6.4 %.
Thursday's data on new jobless claims in America surprised and fell by 4k vs. market expectations to 228k.
The beginning of the week will be quiet because it is a holiday in America and Canada.
On Monday, we will focus on Swiss GDP (9:00) and the afternoon outputs of the European Central Bank members.
We wish you every success in the new month. Have a great month!
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Welcome to our regular Monday recap of a fundamental worth remembering. Last week didn't bring much to the markets, but a few things caught our eye nonetheless.
Have a nice Monday everyone!
On Thursday, in a relatively quiet week, we focused on data from the US labour market.
Wednesday's Canadian retail sales data came in tentatively on par with the previous month.
We also got retail sales data from New Zealand on Wednesday, which showed better-than-expected numbers.
This week we will focus our attention mainly on the second half of the week.
On Thursday, we are due to see the preliminary inflation rate numbers from the Eurozone, which will come at 11:00 and will be accompanied by the unemployment rate, which is estimated to remain stable at 6.4 %.
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Hi, everybody! Here is the regular Monday recap of what we watched in the last trading week. You will also find our executed trade that we posted to our group.
Friday's euro area inflation data came in as expected. The annual core inflation rate fell to 5.3 % in July, the lowest since January 2022.
We got a bit more data from the UK last week. Tuesday's labour market data disappointed. The unemployment rate rose to 4.2 %.
The less important news from the US was Thursday's jobless claims, which came out surprisingly positive for the USD.
This week will be a bit weaker.
On Tuesday, we will focus on Japanese core inflation data, which will be released at 7:00.
Sources:
Welcome to our regular Monday recap of the most important fundamental that happened last week.
The end of the week brought GDP data from the UK, which was surprisingly positive.
The most anticipated events of the week were the current inflation rate in the US and US unemployment claims.
The unemployment rate in the Czech Republic was released on Tuesday. which rose to 3.5 % in July 2023 from an eleven-month low of 3.4 %.
This week will be much more interesting again.
On Tuesday, we'll look at the UK unemployment rate, which comes out at 8:00. In the afternoon, the market will turn its attention to the Canadian inflation rate, which comes out at 14:30.
Welcome to our regular Monday recap of the most important fundamentals we've been following over the past week.
Let's remember him together.
On Monday we received preliminary data on the euro area inflation rate, which came in in line with market estimates.
Thursday's Bank of England meeting saw a 25bp rise in the base rate, as expected, marking the 14th increase in a row.
On Friday, we focused our attention on data from the US labour market, which came out positive for the USD.
Along with the US labour market, we have also been watching data from Canada. In July, the Canadian economy lost 6.4 thousand jobs.
The Reserve Bank of Australia on Tuesday kept the interest rate in line with market estimates.
The current week will be much weaker in terms of fundamentals.
On Thursday, we will focus our attention on the current inflation rate in the US and data on new unemployment claims.
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Hello everyone, we are sending you the last summary and outlook of this month. We wish you many successful trades for the new month!
At Thursday's meeting, the European Central Bank raised interest rates by 25 basis points, the ninth rate hike in a row.
The most anticipated event the market focused on was Wednesday's Fed monetary policy meeting
Full report here:
https://www.federalreserve.gov/newsevents/pressreleases/monetary20230726a.htm#
On Wednesday, we still focused our attention on Australian inflation data, which may provide a clue for this week's Tuesday session.
This week will again be richer in incoming data. Here is a summary of the most important ones:
Tuesday, August 1: AUD - Reserve Bank of Australia meeting (6:30)
EUR - labour market data (11:00)
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Welcome to the regular Monday recap of last week's fundamentals, in which inflation played a major role.
Let's take a look at the most important things together.
Wednesday's data on the current inflation rate confirmed the European Central Bank's hawkish stance.
On Wednesday, inflation data also came from the UK, which disappointed the market slightly.
Thursday's report on the number of Americans filing for unemployment benefits fell to 228,000 from the previous week.
The Australian labour market showed surprising numbers on Thursday, to which AUD strengthened in the first reaction.
The more interesting events in fundamental will be brought to us in the second half of the week, in which we will focus on these events:
Wednesday 26 July - Australian inflation rate (3:30)
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Welcome to our regular recap of the most important fundamentals we have been following over the past week.
The latter was marked by central banks, which this time did not surprise the markets so much.
This week, however, will be rich in fundamentals.
Read on to keep up to date
Tuesday's UK leveraged market data was rather negative, which is not a positive signal.
On Wednesday, we turned our attention to the Reserve Bank of New Zealand (RBNZ) meeting, which left the key interest rate unchanged for the first time in the rate hike cycle.
Wednesday's data on the US inflation rate showed us a decline that was still below market estimates.
Wednesday's Bank of Canada (BoC) meeting brought a 25 basis point hike, as expected.
TIP: Read the full Bank of Canada report
https://www.bankofcanada.ca/2023/07/mpr-2023-07-12/
This trading week will be rich in incoming inflation data, which we will certainly turn our attention to.
Tuesday, July 18 - Canadian inflation rate (14:30)
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English 
Czech 
Polish