fbpx

PU Prime App

Exclusive deals on mobile

  • Market Insights  >  Weekly Outlook

7 September 2023,09:14

Weekly Outlook

Global Country Interest Rates And GDP Trends Analyzed

7 September 2023, 09:14

Share on:
FacebookLinkedInTwitterShare
Share on:
FacebookLinkedInTwitterShare

The Week Ahead: Week of 4 September (GMT+3)

Tuesday, 5 September, 07:30 – AU RBA Interest Rate Decision (Sep)

With inflation slowing from 5.4%in June to 4.9% in July, the RBA has opted to maintain its interest rate at 4.1%. This decision allows the central bank to evaluate the effects of previous rate hikes and the economic trajectory. Additionally, the RBA cautioned that further rate increases are on the horizon, sparking a division among economists into two camps of belief.

Wednesday, 6 September, 17:00 – US ISM Non-Manufacturing PMI (Aug)

The index dropped from 53.9 to 52.7, falling below analysts’ estimate of 53.0. The present non-manufacturing PMI indicates an economy that’s steadily moving forward, despite the ongoing interest rate increases by the Federal Reserve.

Wednesday, 6 September, 17:00 – CA BoC Interest Rate Decision

Economists predict that the second quarter GDP is likely to show a notable slowdown, primarily influenced by transient factors like wildfires, energy project maintenance, and a civil servants strike. As the final significant domestic data point, the outcome of the GDP results could potentially lead the BoC to contemplate a temporary halt in interest rate adjustments.

Friday, 8 September, 09:00 – JP GDP (QoQ) (Q2)

Exceeding the expected 0.8%, Japan’s preliminary GDP report disclosed a growth rate of 1.5%. This increase is attributed to exporting vehicles to the US and Europe. Despite the positive outcome, economists urge prudence due to potential risks from the global economy and the impact of rising prices. The Bank of Japan is adopting a cautious approach, observing the situation before making any decisions.

Friday, 8 September, 09:00 – EU German CPI (MoM) (Aug)

Germany’s economy showed no growth in the Q2, which can be reflected in the country’s GDP that remained at 0.3 for two consecutive months, from June to July. The lack of progress was mainly due to weakened global demand. Imports of goods and services remained stagnant, and exports were lower compared to the previous quarter. The weakened economy could prompt the ECB to pause upcoming interest rate adjustments.

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!