Welcome to this week's regular Monday recap and outlook. Let's take a look together at what we've focused on, and what will be critical for us this week.
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At the start of last week, we got some weaker data from the euro area, which caused the euro to weaken slightly.
Inflation is still in double digits but reflects a significant decline from the 10.5 % minimum in December. The pound has thus fallen sharply.
On Tuesday, the market was still preparing for US inflation, which was not as surprisingly positive as everyone might have expected.
And what's in store for the current trading week?
This week we are again expecting a bit more data that might surprise us. On Tuesday, we will focus our attention on the current inflation rate in Canada, which will be released at 14:30.