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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.
4 December 2023,03:20
Weekly Outlook
4 December 2023, 03:20
Tuesday, 5 Dec, 05:30
The Organisation for Economic Co-operation and Development (OECD) has predicted that rates in Australia have reached its peak, an outlook supported by the country’s Treasurer Jim Chalmers. The RBA rate is currently at a 12-year high of 4.35%, with just 2% of the market pricing in an upcoming hike.
Wednesday, 6 Dec, 17:30
Oil’s surge has reversed after OPEC+’s announced cuts fell short of market expectations. Last week’s crude inventories saw a build of 1.6m versus 900K expected; compounding on the fact that oil prices have been sliding for 6 weeks.
Friday, 8 Dec,15:30
Next week’s NFP has been forecasted at 175K, an increase from October’s 150K and an indication that we’ve got a while to go before we can expect any rate cuts. The Fed Fund rate is at a 2-decade high of 5.5%. Rate cuts, however, don’t seem to be on the horizon this year, although markets are looking at 5 cuts in 2024.
Trade with simulated capital and earn real profits after you pass our trader assessment.
28 March 2025, 08:07 US NFP, Trump’s Tariffs Announcement; What’s the Potential Impact?
21 March 2025, 08:12 PCE Data On Deck, Market Rally or Rate Jitters Ahead?
14 March 2025, 03:22 Rate Rumble Next Week, Will the Market Tumble?
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