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.
3 November 2023,02:41
Weekly Outlook
3 November 2023, 02:41
There is a growing likelihood and concerns that the RBA will opt for another interest rate hike in the upcoming decision. This expectation is fueled by the resurgence of house prices, nearing previous all-time highs. The International Monetary Fund has suggested implementing stricter monetary and fiscal policies to address rising inflation.
Market expectations indicated the potential for German CPI to decrease from 0.3% to 0.1%. However, the preliminary results revealed a further decline to 0.0%. These figures emphasize that the German economy has indeed emerged as one of the slower-growing economies within the eurozone.
The weekly data from the US Department of Labor (DOL) reported 210,000 initial jobless claims in October. This figure was slightly higher than the market’s expectation of 208,000. Economists suggest that while there are relatively few job losses, this aligns with a potentially slower hiring pace in the labor market.
A modest 0.2% in GDP for August resulted from a surge in business services output. Despite the slight growth in August, there is growing apprehension that the UK economy might be approaching a recession due to the dampening effect of higher interest rates on demand.
Trade with simulated capital and earn real profits after you pass our trader assessment.
22 November 2024, 02:45 Dollar Stable Despite Quiet Week, PCE May Boost It Further
15 November 2024, 03:32 Dollar Power! Set to Hold Strong with Quiet Data Ahead
8 November 2024, 02:30 U.S. Election Aftershocks Fade, Data Back In Spotlight
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 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.
