
In January, the U.S durable goods orders have fell 6.1% vs -4.5% expected, marking the largest decrease in nearly four years, while business investment in equipment appeared to have eased, indicating a decrease in economic momentum at the beginning of the year. Nevertheless, there are indications of recovery in the industrial sector of the economy recently, and the potential for lower interest rates later in the year could contribute to an increase in demand as the Fed recently hinted at further rate cuts. Consequently, orders may rebound and show improvement.
The UK’s Gross Domestic Product (GDP) experienced a contraction of -0.3% in Q4, worse than the expected decline of -0.1%. This downturn was attributed to declines across all primary sectors and caused the UK to enter a technical recession. However, recent developments suggest that the UK is on track to emerge from a minor recession within months with official figures indicating that there was a modest growth of 0.2% in January. The upcoming data is expected to have a better result next week.
US GDP (QoQ) (Q4)
The GDP growth in the largest economy globally was adjusted to an annual rate of 3.2 percent in the last quarter of 2023 during preliminary release, down slightly from the initial estimate of 3.3 percent released the previous month due mainly to a downward revision to business investment. Despite predictions of weakening consumer spending due to reduced pandemic savings and high borrowing costs, consumption has remained surprisingly resilient. The market anticipates that growth will slow but remain positive in the upcoming quarters.
In January, the UK central bank maintained its interest rates at the current level of 5.25% as widely expected but provided hints of a coming cut. Despite that, the market expects that UK central bank will hold its rate steady for the upcoming meeting as the decision to cut rates is highly improbable at the moment due to the risk of stoking up prices and wages again before inflation is fully conquered.
تداول العملات الأجنبية والمؤشرات والمعادن والمزيد في فروق أسعار منخفضة على مستوى الصناعة وتنفيذ سريع للغاية.
قم بالتسجيل للحصول على حساب PU Prime Live من خلال عمليتنا الخالية من المتاعب
قم بتمويل حسابك بسهولة من خلال مجموعة واسعة من القنوات والعملات
الوصول إلى مئات الأدوات في ظل ظروف تداول رائدة في السوق
Important Notice to Visitors
Our products and services are not offered or made available to residents of your jurisdiction. The information on this Website is not directed at persons in your jurisdiction and is not intended as an offer, solicitation, or promotion of our products or services to them.
By clicking “I Understand”, you acknowledge this notice and confirm that you are accessing this Website at your own initiative. Access to this Website does not mean that our products or services are available to you.
Important Notice
Please be advised that our products and services are currently unavailable to residents and entities located in the Philippines.
This restriction is a result of our firm commitment to adhering to applicable legal and regulatory requirements in all jurisdictions where we operate. In line with our internal compliance protocols and evolving global standards, we continuously assess and update access to our platform to ensure full regulatory alignment.
We appreciate your understanding and cooperation.
If you believe this restriction has been applied in error, please contact our support team for further assistance.
العميل العزيز،
في إطار التزام PU Prime المستمر بتوفير بيئة تداول مستقرة وموثوقة، نود إعلامكم بالأنشطة التالية الخاصة بالصيانة المجدولة لنهاية كل أسبوع:
نعتذر عن أي إزعاج قد يسببه ذلك، ونؤكد التزامنا بتوفير أفضل تجربة تداول لكم.
بالنسبة للترقيات الأخرى التي قد تتطلب انقطاعات أطول، سيتم الإعلان عنها مسبقًا في إشعار منفصل.
Important Notice:
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.
Aviso importante:
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.