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Kedia Commodities

UPDATE

Published on 23-12-2024 01:43 pm

UK Current Account Gap Narrows in Q3

In Q3 2024, the UK's current account deficit fell to £18.1 billion, or 2.5% of GDP, from a downwardly revised £24.0 billion in Q2 and below forecasts of a £24.1 billion shortfall. In the third quarter, the trade deficit fell by £1.8 billion to £51.2 billion, with imports falling by £4.3 billion to £140.1 billion and exports falling by £2.5 billion. The services surplus fell by £2.4 billion to £44.4 billion, with service exports falling by £1.8 billion, primarily in other business services, while service imports rose slightly by £0.6 billion. The primary income account deficit increased to £10.5 billion, or 1.5% of GDP, as the UK paid £5.0 billion to foreign investors for direct investments, while UK earnings increased by £2.7 billion. Meanwhile, the secondary income gap fell to £2.7 billion (0.4% of GDP) in Q3, from £3.8 billion in Q2.


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Kedia Commodities

UPDATE

Published on 23-12-2024 12:36 pm

12:30PM GBP ZONE DATA

Current Account
Actual: -18.1B
Forecast: -22.9B
Previous: -28.4B

Final GDP q/q
Actual: 0.0%
Forecast: 0.1%
Previous: 0.1%

Revised Business Investment q/q
Actual: 1.9%
Forecast: 1.2%
Previous: 1.2%


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Kedia Commodities

UPDATE

Published on 23-12-2024 12:33 pm

12:30PM EUR ZONE DATA

German Import Prices m/m
Actual: 0.9%
Forecast: 0.5%
Previous: 0.6%


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Kedia Commodities

OUTLOOK

Published on 23-12-2024 11:17 am

SELL JPYINR DEC @ 54.7 SL 54.9 TGT 54.5-54.3

 

Click Here - https://tinyurl.com/m8cdtmcz


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Kedia Commodities

OUTLOOK

Published on 23-12-2024 11:16 am

BUY GBPINR DEC @ 106.3 SL 106 TGT 106.6-106.8.

 

Click Here - https://tinyurl.com/m8cdtmcz


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