Summary of the most interesting economic events from the trading week of March 20-26, 2023

Welcome to Monday's review of the most important fundamental that has been with us over the past week.

It was packed with central banks and we could expect a few surprises.  

Read on and stay up to date!


Not much data came out of the euro area last week. On Friday, we waited only for the release of the preliminary PMI numbers, which came out mostly positive for the euro except for manufacturing.


On Wednesday, the day before the BOE meeting, UK inflation data was released, which positively surprised markets but created more pressure on the Bank of England.


The biggest event last week that we focused our attention on was Wednesday's Fed meeting, which decided to raise the benchmark interest rate by an estimated 25 bp.


At its meeting on Thursday, the Swiss National Bank raised its key interest rate by 50 basis points to 1.5 %, according to market estimates.

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

The current trading week will be much weaker in terms of fundamentals. At least as far as scheduled data releases are concerned.

The first Australian inflation numbers we will focus on will come on Wednesday morning (1:30).


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