Summary of the most interesting economic events from the trading week of May 13-19, 2024

Monday's recap is here! Join us as we recap the highlights of the past week.

GBP

Tuesday's UK labour market data did not bring much optimism. As expected, the unemployment rate rose to 4.3 % and employment fell by another 18,000. This is a negative for the GBP. But the central bank will be more focused on inflation come this Wednesday!

What's in store for us this week?

Tuesday: canadian inflation rate (CAD)

Wednesday: monetary policy meeting RBNZ (NZD), UK inflation rate (GBP)

Thursday: new Zealand retail sales (AUD), PMI (Australia, Japan, Eurozone, UK, US), US jobless claims (USD)

Sources:

https://www.investing.com

https://www.forexlive.com

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