Summary of the most interesting economic events from the trading week 15. - 21. May 2023

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!

EUR

On Wednesday, we got the current inflation rate figures for the euro area, which offered no surprises.

GBP

Tuesday's data from the UK labour market made the market slightly nervous.

USD

The end of the week closed with Fed President Jerome Powell's speech, who kept to the topic of inflation.

CAD

Tuesday's Canadian inflation numbers surprised markets when they showed a rise.

What's in store for us in the current week?

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.

Sources:

https://www.investing.com

https://www.forexlive.com

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