consumer spending

Forex News

UK GDP Grows More Than Expected in December and Boosts Economic Outlook

The United Kingdom’s economy expanded beyond forecasts in December, signaling a stronger-than-anticipated recovery despite ongoing financial pressures. Data from the Office for National Statistics (ONS) showed that the Gross Domestic Product (GDP) increased, surprising analysts who had predicted slower growth due to inflationary concerns and higher borrowing costs. This unexpected rise provided a much-needed boost

Read More
Forex News

US GDP Growth Misses Estimates in Fourth Quarter

The US economy expanded at a slower pace than expected in the fourth quarter, raising concerns about future growth prospects. Despite steady consumer spending and business investments, the latest data revealed that gross domestic product (GDP) growth did not meet analysts’ forecasts. This slowdown suggests that economic momentum may be weakening as inflation, interest rates,

Read More
forex news

US Unemployment Claims Fall Last Week

The number of Americans filing for unemployment benefits declined last week, indicating continued stability in the labor market. This drop suggests that businesses are holding onto employees despite economic challenges, which signals optimism among employers. Since fewer jobless claims reflect strong hiring trends, analysts see this as a positive sign for economic resilience. Moreover, the

Read More