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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Welcome to our regular Monday recap of the most important fundamentals we've been following over the past week.
Let's recall a few highlights together!
Thursday's retail sales data from the euro area brought no change.
We got more on the US dollar (USD) last week and the volatility in the market was noticeable. On Thursday, the market got excited on a positive surprise in the form of ADP.
Friday's labour market data, unlike the US dollar, was positive for the ,,Canadian,,.
The Reserve Bank of Australia (RBA) left its key interest rate unchanged at 4.1 % at its meeting on Tuesday.
This week we will be looking at the fundamentals which will mainly impact GBP, USD, NZD and CAD.
Tuesday, July 11 - UK labour market 8:00
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Welcome to our regular Monday recap of the highlights from the last trading week. This one was mostly about inflation and outputs from key central bank policymakers.
Let's recall the events together to keep us in the loop.
On Wednesday, we watched ECB President Christine Lagarde speak at the conference along with other central bankers.
Powell said the process to achieve % inflation still has a long way to go.
"The Canadian," was also in our sights because of the coming inflation numbers. It showed weaker numbers.
This week we will focus our attention mainly on the upcoming events concerning AUD, USD and CAD.
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Welcome to our regular Monday recap and outlook. Last week was a surprising one, both from central banks and in global events. So let's take a look together at what happened and what the current trading week will bring.
On Wednesday, the market was awaiting data on the current inflation rate in the United Kingdom. Consumer Price Index (CPI) growth held steady in May, but above market expectations, which were looking for a slight decline.
On Wednesday and Thursday, Fed President Jerome Powell testified before the Joint Economic Committee in Washington. The testimony consists of two parts: the first part is a prepared statement, after which the Committee will conduct a question and answer session. During the question-and-answer portion of the testimony, there may be strong market volatility.
At Thursday's meeting, the Swiss National Bank raised the key interest rate by 25 basis points.
The Czech National Bank left the interest rate unchanged, as expected.
In the weekly telegram group we sent our technical outlook on the USD/CZK currency pair, where we saw a potential zone to buy (long).
The current trading week will be a bit weaker. We will focus our attention on the following events:
Tuesday 27th - Canadian inflation rate (14:30)
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The regular Monday recap is here! Last trading week was busy with central banks and inflation. Let's recap the highlights together to keep us in the loop for the current week!
On Wednesday, we focused our attention on the monetary policy meeting of the European Central Bank (ECB), which raised the key interest rate by 25 basis points to 4 %.
The UK unemployment rate surprised market estimates and fell from 3.9 % to 3.8 %.
The attention of the entire market was focused on Wednesday's Fed meeting, which, as expected, left rates unchanged.
On Thursday morning we got data from the Australian labour market, which was on a positive note and surprised above market estimates.
In this trading week, we turn our attention to the events listed below:
Wednesday: 8:00 - UK inflation
16:00 - Fed Chair Powell addresses the committee
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Welcome to our regular Monday recap of the most important things that happened last week.
This trading week will also bring interesting events.
Read on to keep up to date!
Tuesday's meeting of the Reserve Bank of Australia brought surprises for the second consecutive day.
On Wednesday, we focused our attention on the Bank of Canada meeting, which unexpectedly raised the key interest rate by 25 basis points.
At the start of the week, we were expecting incoming Swiss inflation data, which was estimated to have come in lower.
This week will again be marked by inflation and central banks.
On Tuesday, we will focus our attention on the current inflation rate in the US, which will come at 2:30 p.m. and the markets will certainly be waiting for this data, as the Fed's monetary policy meeting is scheduled for a day later on Wednesday.
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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!
Last Thursday, we turned our attention to the preliminary inflation numbers from the euro area, which came in below.
The end of the week closed with the US labour market numbers, on which the US dollar strengthened.
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.
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Welcome to Monday's regular recap of the fundamentals that brought volatility in the past trading week.
The biggest surprises came from the Reserve Bank of New Zealand and the United Kingdom.
Read on to keep up to date!
According to the preliminary estimate, the HCOB Composite PMI fell to a three-month low in May 2023.
On Wednesday, we focused on the incoming inflation data from the UK, which was surprising.
Tuesday's US PMI data came in above market estimates.
The main event of last week was the meeting of the Reserve Bank of New Zealand, which brought volatility to the market with its rhetoric, and in response the New Zealand dollar began to weaken.
The start of the week is likely to be weak in the UK and the US through the holidays.
Welcome to our regular Monday recap of the most important fundamentals we've been following over the past week.
Read on to keep up to date!
On Wednesday, we got the current inflation rate figures for the euro area, which offered no surprises.
Tuesday's data from the UK labour market made the market slightly nervous.
The end of the week closed with Fed President Jerome Powell's speech, who kept to the topic of inflation.
Tuesday's Canadian inflation numbers surprised markets when they showed a rise.
In the current trading week, Wednesday will be the most crucial for us, where we will focus our attention on the meeting of the Reserve Bank of New Zealand, which is expected to raise its base interest rate by 25 basis points.
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Last trading week was quite modest for the incoming data. A few more interesting events came only from the UK and the US.
Read on to keep up to date!
On Thursday, the Bank of England raised its base rate by 25 basis points, as expected.
On Wednesday, the market focused on the incoming inflation data from the US, which was rather negative for the US dollar.
We do not expect any central bank meetings this week. The market's attention will be focused mainly on Tuesday's UK labour market data, due at 8am.
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English 
Czech 
Polish