As we approach the last week of September, two crucial economic indicators for the US will be released: the final Gross Domestic Product (GDP) and the Consumer Price Index (CPI).
These can strongly affect currency values, so we recommend traders to be cautious and stay informed about the latest news to make wise trading decisions this week.
The Ifo Business Climate indicator for Germany declined for the fourth consecutive month to 85.7 in August 2023, the lowest level since October 2022.
Analysts expect a reading of 85.2 for the upcoming data, which will be released on 25 September.
Australia’s CPI increased by 4.9% in July 2023, slowing from a 5.4% gain in June.
The next CPI data will be released on 27 September, with analysts predicting a 5.2% increase.
Consumer prices in Germany rose by 0.3% month-over-month in August 2023, maintaining the same pace as in the previous two months.
The CPI data for September will be published on 28 September, with analysts predicting a 0.4% increase.
The US economy grew at an annualised rate of 2.1% in Q2 2023 compared to the first quarter’s expansion of 2%.
The US final GDP for Q3 2023 will be published on 28 September, with analysts predicting a 2.3% growth rate.
Core Personal Consumption Expenditures (PCE) prices in the US, which exclude food and energy, increased by 0.2% in July 2023, maintaining the same pace seen in June.
Analysts expect another 0.2% increase in the figures for August 2023, set to be released on 29 September.
Canada’s GDP contracted by 0.2% in June 2023.
The next GDP data will be released on 29 September, with analysts anticipating a slower growth of -0.1%.
Start trading now — click here to create your live VT Markets account.
This site uses cookies to provide you with a great user experience.
By using vtmarkets.com, you accept
our cookie policy.
Select an account type and
submit your application.
Choose from a variety of methods
to fund your account.
Access 1000+ instruments
across all asset classes.
VT Markets, founded in 2015, is a global multi-asset CFD broker. Our mission is to build a next generation platform with superior trading environment for every trader across the globe. VT Markets is more than a platform, it is a place to capture market opportunities and achieve your own success. Join us and experience the difference today.
VT Markets, founded in 2015, is a global multi-asset CFD broker. Our mission is to build a next generation platform with superior trading environment for every trader across the globe. VT Markets is more than a platform, it is a place to capture market opportunities and achieve your own success. Join us and experience the difference today.
Risk Warning:
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading leveraged products such as Forex and CFDs carries a high level of risk and may not be suitable for all investors. There is a possibility of losing all your initial capital. Before trading, you should fully understand the true extent of your exposure to the risk of loss and your level of experience. Please note that past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. If you do not fully understand the risks involved before deciding to trade, you should carefully consider your investment objectives, level of experience and risk tolerance; you should become aware of all the related risks and seek independent advice from a suitably licensed financial advisor.
The information on this website is of a general nature only and does not consider your goals, financial situation or needs. Every effort is made to provide accurate information. However, the information is subject to change at any time without notice. VT Markets cannot guarantee or assume any legal responsibility for the relevance, accuracy, timeliness, or completeness of the information.
The information or services on this website is not directed or offered to residents of certain jurisdictions such as the United States, North Korea etc. For more information please contact our support team.
VT Markets is a brand name of different entities authorised and registered in various jurisdictions.
VT Markets Pty Ltd Contact Number: +61 02 9054 9999. Register Address: Level 35, 31 Market street Sydney, Sydney NSW 2000, Australia. Register No: 623 509 731.
VT Markets (Pty) Ltd is an authorised Financial Service Provider (FSP) registered and regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under license number 50865. Contact Number: +27101412968. Register Address: 9 Lilian Avenue, Lilianton, Boksburg, Gauteng, 1459, South Africa. Register No: 2015/072049/07.
This website is owned and operated by VT Markets.
Copyright © 2023 VT Markets