We start the new month with a summary of what happened in the last week of last month. It was mostly about data from America, which added volatility to the market.
Let's remind ourselves together of the most important things.
On Thursday, we focused on data on the unemployment rate in the euro area. It remained unchanged in July at a record low of 6.4 %.
Thursday's data on new jobless claims in America surprised and fell by 4k vs. market expectations to 228k.
What's in store for the current trading week?
The beginning of the week will be quiet because it is a holiday in America and Canada.
On Monday, we will focus on Swiss GDP (9:00) and the afternoon outputs of the European Central Bank members.
We wish you every success in the new month. Have a great month!