Summary of the most interesting economic events from the trading week of May 1 - 7, 2023

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.

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

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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