Summary of the most interesting economic events from the trading week of June 27 - July 3, 2022

Welcome to our regular Monday roundup of the more uninteresting events we focused on in the last trading week.

Last week, the European Central Bank Forum on Central Banking 2022. We focused our attention mainly on Wednesday's panel, where 3 central bank representatives spoke:

Andrew Bailey - BOE Governor, Christine Lagarde - ECB President, Jerome Powell - Fed Chairman.

Here you will find the record:

GBP

The slowdown in UK manufacturing continues to be reflected in output growth approaching stagnation and new orders falling.

AUD

May retail sales in Australia grew by 0.9 %, the same as those in April. This beat market estimates, which were more in the region of 0.4 %. This was the fifth consecutive month of growth

CHF

We also saw retail sales from Switzerland. They fell by 1.6 % year-on-year.

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

Apart from the fact that today is a holiday in the US, we will focus our attention on Tuesday's meeting of the Reserve Bank of Australia, where a 50bp rate hike is expected.

A day later, on Wednesday, we will be interested in the US FOMC minutes, which will offer the FOMC's stance on monetary policy.

Follow our group to stay up to date!

Sources:

https://www.investing.com

https://www.forexlive.com

Want to read a complete summary of economic events?

Arm yourself for victory

Market analysis and outlooks

Every week, we'll send you on our telegram channel fundamental and technical summary, emergency alerts and the outlook for the week ahead.

This will give you a better understanding of fundamentals and how we think about forex. Plus, you'll find all the important information you need in one place you need for your business.
More information
en_GBEnglish
linkedin facebook pinterest youtube rss Twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube Twitter instagram