Welcome to our regular recap of the important events we followed last week.
We will be very cautious this week as we have a number of major central bank meetings coming up!
Read more to stay in the loop!
Last week in the euro area, we focused our attention only on inflation data, which had a negligible impact on the market. In any case, the euro started to strengthen slightly in response to this data.
From the start of the week, we could see the latest data on British GDP, which turned out positive. The British economy grew by 0.2 % in July compared to June.
The annual inflation rate fell for the second month in a row in August. Compared with the previous month, consumer prices increased by 0.1 %.
And what's in store for the current trading week?
The Fed will be the main focus this week! The meeting will take place on Wednesday at 20:00. But the Fed isn't the only thing we'll be focusing our attention on.