Summary of the most interesting economic events from the trading week of July 25-31, 2022

Last trading week offered us some interesting data worth noting.

This week we expect volatility in the markets again through the central bank meetings.

EUR

We didn't get much out of the Eurozone last trading week. It was more interesting at the end of the week when we got the latest GDP and CPI/inflation data.

  • CPI (annualised) - current: 8.9 % / previous: 8.6 %
  • CPI (monthly) - current: 0.1 % / previous: 0.8 %

USD

On Wednesday, we watched the monetary policy meeting of the Fed, which is estimated to have raised rates by 75 basis points.

TIP: Watch the Fed press conference

JPY

 On Tuesday, the Bank of Japan published the minutes of its last monetary policy meeting in July, at which it again left rates unchanged.

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

The current trading week is going to be a bit more varied again. Central banks will again be in our focus.

Tuesday: Reserve bank of Australia

Thursday: Bank of Englad, Czech National Bank

Sources:

https://www.investing.com

https://www.forexlive.com

Image source: https://www.federalreserve.gov/aboutthefed/aroundtheboard/history-buildings.htm

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