The first Monday recap of the new year is here! Join us as we recap what moved the markets over the past week. We wish you a successful start to trading in the New Year 2024!
On Friday, we focused on the preliminary inflation data from the euro area, which turned out to be mostly positive for the euro. The core inflation rate rose to 2.9 % year-on-year in December
The US dollar had a volatile week, helped by the labour market reports. Thursday's jobless claims fell to 202k.
Canada's unemployment rate remained unchanged in December, but at a 22-month high.
What's in store for the current trading week?
This week will be a bit more relaxed, but we will still have some interesting data.
Tuesday (00:30) sees the release of data on the Tokyo inflation rate, where a slight reduction is expected. Later in the morning (7:45), data from the Swiss labour market will be released, where a slight increase in the unemployment rate is expected.