More Economy Indicators from Major Countries are Coming next week

Germany's August CPI remained stable. Eurozone inflation is high, but more rate hikes could trigger a recession. The US saw GDP growth below expectations at 2.1%, but the economy remains resilient. The UK's GDP improved by 0.2%, but inflation challenges persist. The US core PCE index increased 0.2% in July, indicating Fed progress in managing inflation.

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More Economy Indicators from Major Countries are Coming next week

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27 September Wednesday at 3pm (GMT+3) | Register here: https://rb.gy/uzwuw

Thursday, 28 September, 15:00 - EU German CPI (MoM) (Sep)

In August, Germany's inflation remained stable, as indicated by the Consumer Price Index (CPI). Inflation in the eurozone remains elevated, and investors are concerned that additional rate hikes could potentially trigger a recession, further negatively impacting the country's current economic situation.

Thursday, 28 September, 15:30 - US GDP (QoQ) (Q2)

Investors expected a 2.4% increase in Gross Domestic Product (GDP) in August, but the reading reached 2.1%. Although GDP came in below expectations, it is evident that the US economy has persevered and continued to grow during the Federal Reserve's interest rate hikes period. Nonetheless, economists are now anticipating substantial growth in the third quarter.

Thursday, 28 September, 15:30 - US Initial Jobless Claims

The recent jobless claims decreased from 221K to 201K, indicating ongoing labour market tightness despite slowing job growth. Economists have noted that this decline is a favourable development for policymakers working towards a seamless economic transition.

Friday, 29 September, 09:00 - UK GDP (QoQ) (Q2)

The UK economy showed improvement, with a Gross Domestic Product (GDP) reading of 0.2%. The Bank of England stated that the risk of a recession has diminished, but the economy might still be experiencing stagnation. A more robust economy implies slower progress in addressing inflation, signifying the country's challenges.

Friday, 29 September, 15:30 - US Core PCE Price Index (MoM) (Aug)

The core personal consumption expenditures price index increased by 0.2% in July for the second consecutive month, highlighting the Federal Reserve's progress in managing price pressures over the past year. However, the central bank has yet to declare victory, as inflation may not continue to decrease.