Summary of the most interesting economic events from the trading week 14. - 20. November 2022

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!

EUR

We got some interesting data out of the eurozone last week, which we expected. The euro area economy grew in line with market expectations in Q3.

GBP

We were also expecting the latest inflation data from the UK. The annual rate of inflation in the UK jumped to 11.1% in October 2022.

CAD

Here we can see a somewhat mixed view. The year-on-year core CPI had fallen from its previous value.

JPY

Tuesday's data on the Japanese economy did not impress us much. Exports have been weighed down by global demand and Russia's war against Ukraine.

And what's in store for the current trading week?

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

Sources:

https://www.investing.com

https://www.forexlive.com

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