Welcome to our regular recap of the most important events of the past week and the outlook for the current one.
The second week of August was very modest in terms of fundamentals. Still, we watched some interesting news worth remembering.
All eyes were on Wednesday's US inflation data.
The annual inflation rate in the US slowed more than expected to 8.5 % in July.
The Swiss unemployment rate thus reached 2 % in July 2022.
Last Wednesday, we also got the latest inflation figures for our country, where we again recorded higher numbers than last time.
And what's in store for the current trading week?
The key for us will be Wednesday's Reserve Bank of New Zealand meeting, where the central bank is expected to raise interest rates by 50 basis points. That is, to 3 %.