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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Welcome to our regular Monday recap of the most important fundamentals that influenced our trading during the past trading week.
It brought some interesting data that are worth recalling.
Read more to stay in the loop!
Last trading week, we were expecting some data from the Eurozone that showed us that the recession was around the corner.
At its last meeting of 2022, the Bank of Canada raised the target overnight rate by 50bp to 4.25 %, which was in line with market expectations.
The Reserve Bank of Australia raised the key interest rate by 25 basis points to 3.1 %, which was also in line with market forecasts.
The start of the week will be relatively quiet. From Tuesday onwards, we will be keeping a close eye on incoming data on the current inflation rate from several countries.
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Welcome to our regular recap of the economic events we have been following over the past week. It was a rather quiet one. It wasn't until late in the week that we got the appropriate volatility, mostly on the US dollar.
Read on to keep up to date!
Wednesday's data from the euro area showed us that the annual CPI/inflation rate fell slightly.
On Friday, we were waiting for important data from the US labour market, on the basis of which the US dollar weakened again.
Canada's unemployment rate was 5.1 % in November 2022, a slight decrease.
Retail sales in Switzerland fell by 2.5 % y/y in October 2022 after downwardly revised growth.
The most important events of the current trading week will be the Bank of Canada meeting (Wednesday at 4pm) and the Reserve Bank of Australia meeting (Tuesday at 4:30am), on which we will focus all our attention.
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On Saturday 19.11.2022 the long-awaited Grand Opening of our Trading Floor in Moravany u Brna, where we had the honour to hand over some donations in the form of financial cheques.
The first donation was made in cooperation with Fund for premature babieswhere we decided to support Ellinka Chernoskovawho was diagnosed with cerebral palsy (dyskinetic form) in her year, which is practically incurable.
You can read her story here: ellacernoskova.webnode.cz
The aim of the fund is to help families of premature babies who find themselves in a difficult financial and psychological situation.
The Foundation always helps a specific family and their specific need related to a premature baby, such as:
If you also want to contribute, you can do so through this website: www.predcasnenarozenedeti.cz
Because we also like to support sports clubs and young talented athletes, the second cheque went to a young karate player Teodor Brancik from the association OSPPRTK - Civic Association for the Support of the Development of Traditional Karate. At his young age, Teodor is excelling in international competitions and we wish him lots of success!
We are very happy to be able to present these cheques at our Grand Opening in this way and contribute to a good cause.
Welcome to the regular Monday recap of the fundamentals from the last trading week and the outlook for the current one.
Will Wednesday's eurozone data surprise us?
Read on to keep yourself in the loop!
On Tuesday, the European Central Bank (ECB) published its Monetary Policy Meeting Report, which showed a widely shared view that the outlook for inflation in the euro area was continuing to deteriorate.
TIP: full ECB minutes
https://www.ecb.europa.eu/press/accounts/2022/html/ecb.mg221124~3527764024.en.html
November's US PMI data show us that there was a solid decline in business activity across the US private sector.
On Wednesday, the Reserve Bank of New Zealand raised its key interest rate by 75 basis points, in line with market estimates.
The current trading week will be weaker again for the incoming data as there is no central bank meeting.
On Tuesday we will get the latest Canadian and Swiss GDP numbers.
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It's Monday, and that means we bring you another summary of what we focused on in the last trading week, which, while a bit quieter, did bring some interesting data.
Read on to keep yourself in the loop!
We got some interesting data out of the eurozone last week, which we expected. The euro area economy grew in line with market estimates in the third quarter.
We were also expecting the latest inflation data from the UK. The UK annual inflation rate jumped to 11.1 % in October 2022.
Here we can see a somewhat mixed view. The year-on-year core CPI has fallen from the previous reading.
Tuesday's data on the Japanese economy did not impress us much. Exports were weighed down by global demand and Russia's war against Ukraine.
This week we expect slightly higher volatility on the markets again.
The driver of the week, and the one we'll turn our attention to, is Wednesday's meeting of the Reserve Bank of New Zealand, which will release its base rate decision at 2am
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Welcome to our regular Monday recap of the most important events to remember from the past week.
It only picked up speed in the second half of the week, where we got some surprising data.
Last week, we only got the latest retail sales from the euro area, which rose by 0.4 % month-on-month as expected.
We see a deeper decline in economic activity in the United Kingdom.
The most watched event of last week that we focused our attention on was the release of the latest CPI/inflation numbers in the US.
The current trading week will also be one of the weaker ones in terms of expected fundamentals.
On Tuesday, we will focus our attention on the incoming GDP data from the Eurozone and Japan.
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Czech 
Polish