Join the PU Xtrader Challenge Today
Trade with simulated capital and earn real profits after you pass our trader assessment.
Join the PU Xtrader Challenge Today
Trade with simulated capital and earn real profits after you pass our trader assessment.
24 November 2023,02:43
Weekly Outlook
24 November 2023, 02:43
In October, U.S. consumer confidence dropped for the third consecutive month, sliding from 104.3 to 102.6. This decline, influenced by concerns over inflation and increased borrowing expenses, suggests a lack of market confidence in the U.S. economy.
Last month, the central bank of New Zealand kept its cash rate unchanged at 5.5%. Due to a decrease in consumer inflation, there are less expectations for further rate increases in November. It is now anticipated that the cash rate will need to be maintained at its current level of 5.5% for a longer period to achieve the desired inflation and employment goals.
In September, the US Core PCE Price Index met expectations by holding steady at 0.3%. Despite inflation increasing during this period, consumer spending exceeded expectations and demonstrated significant strength. However, there are also concerns that spending may moderate.
Trade with simulated capital and earn real profits after you pass our trader assessment.
20 September 2024, 02:37 Fed’s Jumbo Rate Cut, Market Set To Rattle
13 September 2024, 02:11 Fed Rate Watch: The Week That Moves Markets!
6 September 2024, 02:12 Market Weigh the Odds, CPI To Tip the Scales?
Disclaimer: This website exclusively provides proprietary trading services. We do not engage in any regulated activities, offer investment management services, or manage funds on behalf of external clients. Our trading activities are conducted solely with the firm's own capital, and we do not accept client deposits or manage client accounts. It's important to note that none of the services we provide should be construed as investment or financial services in accordance with applicable laws.
This website offers services related to professional skill and experience assessment, which determine your eligibility to trade with the firm's capital. The outcome of these services is inherently determined by your individual skill level and ability to perform within the trading requirements and objectives outlined for each service separately. Clients are strongly advised to thoroughly understand the requirements of the services before signing up for any.
The content provided on this website is for informational purposes only and does not constitute financial, investment, or trading advice. The information presented is based on sources believed to be reliable, but we do not guarantee its accuracy, completeness, or timeliness. We disclaim any liability for any loss or damage arising directly or indirectly from the use of or reliance on the information provided on this website.
This website is not directed to residents of certain jurisdictions such as the United States, Singapore, Australia, China, Pakistan and some other specified regions, and is not intended for distribution to, or use by, any person in any countries or jurisdictions where such distribution or use would be contrary to local law or regulation.
