Summary of the most interesting economic events from the trading week of 11-17 December 2023

The week has gone by like water and we have a new Monday recap for you, packed with fundamentals from last week!


The European Central Bank (ECB) met on Thursday and is expected to leave its key interest rate unchanged. The interest rate is at multi-year highs.  


We also got a similar scenario at the Bank of England (BoE) meeting, which left the base rate unchanged.


The most important fundamental that we focused our attention on was Wednesday's Fed meeting. The Fed left rates unchanged, as planned, at 5.5 %.


Apart from interest rates, on Thursday we also watched data from the Australian labour market, which turned out to be positive for AUD.


Last Thursday's meeting was held by the Swiss National Bank (SNB), which also left the key interest rate unchanged at 1.75 %.

What's in store for the current trading week?

This week will be mostly about inflation.

The week starts with the Bank of Japan meeting on Tuesday (4:00), where no change is expected. Let's see if we get any clues on the planned changes in the FX market.

Later at 11:00 we will turn our attention to the current inflation rate in the euro area and at 14:30 in Canada.


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