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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Welcome to our regular Monday recap of the most important fundamentals we've been following over the past week.
The latter was marked by central banks that surprised the markets to some extent.
Read on to keep up to date!
The European Central Bank raised its key interest rate by 25 basis points at its May meeting, signalling a slowdown in the pace of policy tightening.
At its Wednesday meeting, the Fed raised interest rates by 25 basis points, as the market expected.
Along with the US, the Canadian labour market numbers came in on Friday, which, like the US ones, were positive/bullish for the CAD.
At its meeting on Wednesday, the Czech National Bank left its key interest rate unchanged, as expected.
This week will bring less data. Still, some will be important for us.
On Wednesday, we will be interested in data on the US inflation rate, which will come at 14:30.
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Welcome to our regular Monday recap of the most important events we focused on in the last trading week.
The latter was somewhat dead on new incoming data, but a few things happened anyway that are good to remember.
Read on to keep up to date!
The week kicked off with a speech by ECB Executive Board member Isabel Schnabel, who mentioned that a 50bp rate hike is not off the table at the central bank's next meeting.
US GDP data showed us last week that the US economy grew by an annualised 1.% in Q1 2023, according to a preliminary estimate.
Wednesday's inflation in Australia showed us a decline, which in itself is negative news for AUD.
On Friday, we turned our attention to the Bank of Japan meeting, which did not bring any change as expected.
The current trading week will be a bit more varied for incoming data.
On Tuesday morning (6:30) we have the RBA meeting, which is expected to pause, as we mentioned above.
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Welcome to our regular Monday recap. Last week, the markets delivered mainly inflation data, which is where we focused our attention.
Read on to keep up to date!
On Wednesday, we focused our attention on inflation in the euro area. Headline annual inflation delivered its fifth consecutive month of decline and is at its lowest level since February 2022. Still, it remains high...
We also got inflation numbers from the UK on Wednesday, which were not positive on the face of it, but with headline inflation still in double digits, it's building up for the Bank of England.
The latest inflation data also came from Canada, where the annual headline inflation rate fell to 4.3 %, the lowest since August 2021.
Last but not least, on Thursday we turned our attention to New Zealand inflation data, which disappointed the market a bit.
There will be much less of that this week.
On Wednesday, we turn our attention to inflation in Australia (3:30), where lower numbers are expected.
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Welcome to our regular Monday recap of the most important fundamentals that influenced our trading last week.
He brought us some data, especially from the USA and Canada.
Read on to keep up to date.
From the euro area, last week we received only the month-on-month retail sales data, which came in as expected.
Last week's Australian labour market numbers surprised the market significantly.
The Bank of Canada (BOC) left its key interest rate unchanged on Wednesday, meeting market expectations.
Last week's expected news was the current inflation rate in the US, which brought lower numbers and the USD weakened in response to the data.
This week will bring us mainly inflation data. On Tuesday at 14:30 the latest Canadian inflation data will be released.
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English 
Czech 
Polish