UK GDP QoQ Prelim (Q4 2024): 0.1% (Forecast -0.1%, Previous 0.0%)
- UK GDP YoY Prelim: 1.4% (Forecast 1.1%, Previous 0.9%)
- UK GDP Estimate YoY: 1.5% (Forecast 1%, Previous 1.0%)
- UK GDP Estimate MoM: 0.4% (Forecast 0.1%, Previous 0.1%)
UK Manufacturing Production MoM (December 2024): 0.7% (Forecast -0.1%, Previous -0.3%)
- UK Industrial Production MoM: 0.5% (Forecast 0.2%, Previous -0.4%)
- UK Industrial Production YoY: -1.9% (Forecast -2.1%, Previous -1.8%)
- UK Manufacturing Production YoY: -1.4% (Previous -1.2%)
- UK Construction Output MoM: -0.2% (Forecast 0.2%, Previous 0.4%)
UK Services MoM (December 2024): 0.4% (Forecast 0.1%, Previous 0.1%)
UK Business Investment QoQ Prelim (Q4 2024): -3.22% (Forecast -0.5%, Previous 1.9%)
UK Goods Trade Balance (December 2024): -17.447B (Forecast -18.7B, Previous -19.31B)
GBPUSD surges more than 0.5% today on weakening US dollar and stronger than expected UK macro data for Q4 2024 and December 2024. On the chart we can see a potentially bullish, reversed head and shoulder pattern signalling change in the short-term trend.
Source: xStation5
Source: XTB Research, Bloomberg Finance L.P.
Source: XTB Research, Bloomberg Finance L.P.
Final German CPI came in line with previous data
- German HICP Final YoY: 2.8% (Forecast 2.8%, Previous 2.8%)
- German HICP Final MoM: -0.2% (Forecast -0.2%, Previous -0.2%)
- German CPI Final MoM: -0.2% (Forecast -0.2%, Previous -0.2%)
- German CPI Final YoY: 2.3% (Forecast 2.3%, Previous 2.3%)
Daily Summary: Wall Street ends the week with a calm gain 🗽 Cryptocurrencies slide
BREAKING: US PCE inflation in line with expectations 🔎UoM prelim data slightly higher
BREAKING: Lower Unemployment in Canada🍁USDCAD sharply declines📉
DE40: Adequate data, Mild growth
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
