Summary of the most interesting economic events from the trading week of 12 - 18 February 2024

The new Monday summary is out! Let's recap what happened last week.


On Tuesday, we focused on UK labour market data, which was positive for the pound. The unemployment rate fell in Q3 2023 to its lowest rate since the period between November 2022 and January 2023.


The US Dollar was volatile last week as it got quite a bit of data from the US that we turned our attention to.

First we got the inflation rate, which fell to 3.1 % year-on-year.


The annual inflation rate in Switzerland slowed to 1.3 in January. This is the lowest since October 2021.


The big surprise was domestic inflation in the Czech Republic, which fell sharply to 2.3 %. This was still below market estimates, which had expected a reduction from 6.9 % to 2.9 %.

What's in store for us this week?

This week will be a bit weaker, but we will still get some interesting data coming in the middle of the week.

Monday, February 19: Canada and USA holiday

Tuesday, February 20: RBA meeting minutes, Canada - CPI, New Zealand - PPI. On Tuesday, we'll focus on the Canadian inflation rate, which comes in at 14:30.


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