Welcome to the Easter recap of an important fundamental we focused on last business week.
Two central banks were meeting and we could learn something from each of them.
Read on to keep up to date!
Last week we only got PMI data from the eurozone, which was mostly positive for the euro except for the manufacturing sector.
We also got PMI data from the UK which, unlike the Eurozone, showed lower numbers and an overall negative for the British Pound.
The Reserve Bank of Australia left rates unchanged as expected at its April meeting.
In contrast, the Reserve Bank of New Zealand surprised the markets on Wednesday.
And what's in store for the current trading week?
The start of the current trading week will be slow through the Easter holidays.
Interesting data that we will focus on will come on Wednesday from the USA and Canada.