Summary of the most interesting economic events from the trading week of April 17-23, 2023

Welcome to our regular Monday recap. Last week, the markets delivered mainly inflation data, which is where we focused our attention.

Read on to keep up to date!

EUR

On Wednesday, we focused our attention on inflation in the euro area. Headline annual inflation delivered its fifth consecutive month of decline and is at its lowest level since February 2022. Still, it remains high...

GBP

We also got inflation numbers from the UK on Wednesday, which were not positive on the face of it, but with headline inflation still in double digits, it's building up for the Bank of England.

CAD

The latest inflation data also came from Canada, where the annual headline inflation rate fell to 4.3 %, the lowest since August 2021.

NZD

Last but not least, on Thursday we turned our attention to New Zealand inflation data, which disappointed the market a bit.

And what's in store for the current trading week?

There will be much less of that this week.

On Wednesday, we turn our attention to inflation in Australia (3:30), where lower numbers are expected.

Sources:

https://www.investing.com

https://www.forexlive.com

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