fbpx

PU Prime App

Exclusive deals on mobile

  • Market Insights  >  Weekly Outlook

7 September 2023,09:17

Weekly Outlook

Decline in UK CPI Signals Rate Hikes Efficacy

7 September 2023, 09:17

Share on:
FacebookLinkedInTwitterShare
Share on:
FacebookLinkedInTwitterShare

The Week Ahead: Week of 14 August (GMT+3)

Tuesday, 15 August, 15:30 – US Retail Sales (MoM) (Jul)

In May, US Retail Sales showed a 0.2% increase on a monthly basis, falling short of the anticipated 0.5%. Nevertheless, there’s a silver lining as May’s figures were revised upwards from 0.3% to 0.5%, hinting at resilient consumer behaviour. 

Wednesday, 16 August, 05:00 – NZ RBNZ Interest Rate Decision 

In July, the New Zealand dollar initially experienced an increase following the Reserve Bank of New Zealand’s decision to halt rate hikes, but it gave up the majority of those gains in the following month. The country’s economy is undergoing further weakening after hitting 14-year high interest rates. While the goal of maintaining inflation between 1-3% remains a persistent challenge, market experts propose that the RBNZ might maintain its current rate hike stance until the year’s end.

Wednesday, 16 August, 09:00 – UK CPI (YoY) (Jul)

After making several adjustments to the rate hike increment, the UK’s Consumer Price Index (CPI) experienced a notable cooling to 7.9% from 8.7% in June. This could be seen as the BoE’s hiking cycle finally starting to take meaningful effect. 

Wednesday, 16 August, 15:30 – US Building Permits (Jul)

In June, building permits in the US declined to 1.441 million from the previous figure of 1.496 million. Although it exceeded market expectations of 1.440 million, the decrease in numbers indicates that homebuilders are still grappling with elevated mortgage rates and construction costs.

Starten Sie mit einem Vorteil in das Trading

Traden Sie Forex, Indizes, Metalle und mehr zu branchenweit niedrigen Spreads und mit blitzschneller Ausführung.

  • Beginnen Sie mit Einzahlungen ab nur $ 50 auf unsere Standardkonten mit dem Trading.
  • Erhalten Sie Zugang zum 24/7-Support.
  • Sie haben Zugang zu Hunderten von Instrumenten, kostenlosen Schulungsmaterialien und einigen der besten Promotionen, die es gibt.
Jetzt registrieren

Latest Posts

Schnelle und einfache Kontoeröffnung

Live-Konto erstellen
  • 1

    Registrieren Sie sich

    Registrieren Sie sich für ein PU Prime Live-Konto mit unserem unkomplizierten Verfahren

  • 2

    Zahlen Sie Geld ein

    Zahlen Sie bequem über verschiedene Kanäle und in verschiedenen Währungen auf Ihr Konto ein

  • 3

    Beginnen Sie mit dem Trading

    Erhalten Sie Zugang zu Hunderten von Instrumenten zu marktführenden Tradingbedingungen

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Thank You for Your Acknowledgement!

Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.

Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.

Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.

Thank You for Your Acknowledgement!