Summary of the most interesting economic events from the trading week 27. June - 3. July 2022

Welcome to our regular Monday roundup of the more uninteresting events we focused on in the last trading week.

Last week, the European Central Bank's Central Banking Forum 2022 was held. We focused our attention mainly on Wednesday's panel, where 3 central bank representatives spoke:

Andrew Bailey - BOE Governor, Christine Lagarde - ECB President, Jerome Powell - Fed Chairman.

Here you will find the record:


The slowdown in UK manufacturing continues to be reflected in output growth approaching stagnation and new orders falling.


May retail sales in Australia rose by 0.9%, the same as in April. This exceeded market estimates, which were more in the region of 0.4%. It was the fifth month of growth in a row


We also saw retail sales from Switzerland. They fell by 1.6% year-on-year.

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

Apart from the fact that today is a holiday in the US, we will focus our attention on Tuesday's meeting of the Reserve Bank of Australia, where a 50bp rate hike is expected.

A day later, on Wednesday, we will be interested in the US FOMC minutes, which will offer the FOMC's stance on monetary policy.

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