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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.
17 November 2023,00:34
Weekly Outlook
17 November 2023, 00:34
US existing home sales fell to a seasonally adjusted annual rate of 3.96 million. Economists suggest that, as seen throughout the year, constrained inventory and reduced housing affordability are ongoing challenges for home sales. There is a likelihood of further declines in sales.
The most recent core durable goods orders maintain the same rate as the previous figure, which is 0.5%. This suggests a level of stability in the U.S. manufacturing sector, even in the face of rapidly rising interest rates and persistently high inflation.
The recent GDP showed -0.1%, down from the previous reading of 0.1%. Recent research indicates that Germany’s GDP health deteriorated further in October, amplifying concerns among analysts about the country potentially entering a recession.
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