Vi använder cookies för att till exempel erbjuda support via livechatt och visa dig innehåll som vi tror att du är intresserad av. Om du accepterar att markets.com använder cookies klickar du på Godkänn.
CFD:er är komplexa instrument som innebär hög risk att du förlorar pengar snabbt på grund av hävstången. 74,2% av icke-professionella investerares konton förlorar pengar när de handlar med CFD:er hos den här leverantören. Du bör överväga om du förstår hur CFD:er fungerar och om du har råd att ta den höga risken att förlora dina pengar.
Australia GDP slows to a crawl in Q1, shows 0.1% QOQ growth
Australia GDP growth slows to 0.1% quarter-on-quarter in Q1 2024
Australia's economic growth slowed significantly in the March quarter, hindered by high borrowing costs and persistent inflation, which dampened consumer spending. Despite this, relief from interest rate pressures appears distant.
The Australian Bureau of Statistics reported on Wednesday that the country's real gross domestic product (GDP) increased by just 0.1% in the first quarter, slightly below market expectations of 0.2%.
Annual growth dropped to 1.1%, down from 1.5% in the previous quarter, marking the slowest pace for the Australia GDP in three decades outside the pandemic.
Household spending, which constitutes half of the Australia GDP, grew only modestly at 1.3%, primarily driven by essential expenditures like electricity and healthcare, while discretionary spending remained nearly stagnant.
Future spending potential looks bleak as the savings rate fell to a historic low of 0.9%, after large downward revisions to past numbers.
Marcel Thieliant, head of Asia-Pacific economics at Capital Economics, commented on the Australia GDP dynamics to the Reuters news agency:
"Given that the savings rate was around 5% before the pandemic, that underlines the severe pressure households have been facing due soaring living costs, interest payments and taxes. And with real incomes stagnating last quarter, that pressure hasn't fully faded yet”.
Välj dina rörelseriktningar
Beräkna ditt hypotetiska P/L (sammanlagda kostnader och avgifter) om du hade gjort en affär i dag.
Marknad
ETF:er
ETF:er
Råvaror:
Aktier
Valuta
Obligationer
Råvara
Index
Instrument
Porsche
Procter & Gamble
Roku Inc
Deere
Quanta Services
UniCredit
Rolls-Royce
Inditex
Deliveroo Holdings
Goldman Sachs
Coca-Cola Co (NYSE)
Infosys
Toro
ChargePoint Holdings Inc
Comcast
Chipotle
Campari
The Cheesecake Factory
Virgin Galactic
LVMH
Eni
Medtronic
ProSiebenSat.1
Qualcomm
BioNTech
SIG
Meta (Formerly Facebook)
Philip Morris
Visa
Schlumberger
SMCI
Plug Power
Nike
ADT
3D Systems
Nikola Corporation
Pinterest Inc
Bristol Myers
Jumia Technologies
Broadcom
Upstart Holdings Inc
Salesforce.com
Amazon.com
Cinemark
Moderna Inc
AMC Entertainment Holdings
Air France-KLM
Glencore plc
Starbucks
Uber
Golar LNG
Pfizer
Palantir Technologies Inc
CrowdStrike Holdings
Mastercard
Blackrock
Vir Biotechnology
Toyota
Kuaishou
MerckCo USA
Cisco Systems
Porsche AG
II-VI
JD.com
Snap
JP Morgan
Lululemon
UPS
AIA
Deutsche Bank
Airbus Group SE
Zoom Video Communications
XPeng Inc
Trade Desk
AbbVie
Sartorius AG
Mondelez
Hammerson
CNOOC
Snowflake
Thermo Fisher
CCB (Asia)
Kraft Heinz
Unilever
China Life
eBay
Linde PLC
GameStop
Infinera
UnitedHealth
ASOS
SAP
Barclays
Christian Dior
Wish.com Inc
AstraZeneca
FirstRand
SONY
CAT
Applied Materials
BlackBerry
ALIBABA HK
British American Tobacco
AT&T
Siemens
Diageo
Palo Alto Networks
Vipshop
Amgen
Prosus N.V.
ASML
Airbnb Inc
Lithium Americas Corp
JnJ
Wal-Mart Stores
Nasdaq
Exxon Mobil
McDonald's
Shopify
Hermes
Iberdrola
Peloton Interactive Inc.
Apple
Volkswagen
Marriott
Sea
Micron
Conoco Phillips
Morgan Stanley
Ford
Upwork Inc.
Nel ASA
Bank of America
Accenture
Santander
Abbott
Trump Media & Technology Group
Royal Bank Canada
UiPath Inc
Spotify
Fedex
LUCID
Anglo American
Allianz
Dave & Buster's
Shell plc (LSE)
Xiaomi
Adidas
Skillz Inc
HDFC Bank
Cellnex
Freeport McMoRan
Wells Fargo
PepsiCo
Berkshire Hathaway
Lockheed Martin
Coinbase Inc
HSBC
Target
Netflix
Vonovia
PayPal
DISNEY
Invesco Mortgage
Blackstone
Boeing Co
Lumentum Holdings
Canopy Growth
Beyond Meat
Block
Qorvo
Delivery Hero SE
Teladoc
Unity Software
PG&E
Microsoft
Gilead
Li Auto
Chevron
Naspers
BP
MercadoLibre.com
Alibaba
New Oriental
CarMax
Lemonade
Citigroup
Two Harbors Investment aration
Taiwan Semi
Total
Bayer
Marston's
Twilio
Home Depot
Oracle
Gen Digital Inc
Baidu
ZIM Integrated Shipping Services Ltd
T-Mobile
Norwegian Cruise Line
ON Semiconductor
American Express
Macy's
Vodafone
L'Oreal
Tesla
Robinhood
Nio
Lloyds
Aptiv PLC
Novavax
Norwegian Air Shuttle
American Airlines
TUI
Annaly Capital
RTX Corp
NVIDIA
Adobe
General Motors
PETROCHINA
Aurora Cannabis Inc
Barrick Gold
Fuelcell
General Electric
Anheuser-Busch Inbev
Continental
Eli Lilly
F5 Networks
Etsy
Hubspot
easyJet
Telecom Italia
Ceconomy
Rio Tinto
AMD
Cameco
Arista
Tencent
British American Tobacco
DeltaAir
Verizon
Airbus
Lufthansa
Teleperformance
GSX Techedu
Rivian Automotive
Wayfair
IBM
Bilibili Inc
HSBC HK
Occidental
Lyft
IAG
Costco
Tilray
Fresnillo
Intel
ROBLOX Corp
BASF
Workday Inc
GoPro
DoorDash
Electrolux
GoHealth
Alphabet (Google)
Typ av konto
Riktning
Kvantitet
Beloppet måste vara lika med eller högre än
Filen ska vara mindre än
Beloppet måste vara en multipel av den lägsta lotsökningen
Tidigare resultat är inte en tillförlitlig indikator på framtida resultat.
Alla positioner på instrument som är noterade i en annan valuta än din kontovaluta kommer också att omfattas av en omräkningsavgift vid positionsutgången.
Markets rule out changes in RBA interest rates this year
Financial markets have ruled out the likelihood of another increase in the Reserve Bank of Australia's (RBA) 4.35% cash rate. However, they also see little chance of a cut in the near future. Futures indicate a 50-50 chance of a move in December, with a full cut to 4.10% not anticipated until May next year.
RBA Governor Michele Bullock, addressing lawmakers before the data release, acknowledged that the Australian economy was “very, very weak”, but insisted on the need for restrictive policies to balance demand and supply and curb inflation.
Australia’s April consumer price inflation (CPI) report showed a surprising rise to 3.6%, driven by widespread cost increases across food, health, clothing, and travel. The GDP report's inflation measures also remained high, with inflation in domestic demand running at 4.6% for the year.
Real per capita Australia GDP falls 0.4% in Q1
While inflation boosted nominal GDP, which grew by 3.5% to A$2.6 trillion ($1.73 trillion), equivalent to A$98,224 per capita, real GDP per capita fell by 0.4% for the quarter and 1.3% over the year.
This per capita "recession" highlights the impact of robust migration, which pushed annual population growth to 2.5% — double the three-decade average.
The surge in overseas workers and students has strained the housing market, driving rents to record highs and prompting the Labor government to consider capping future immigration.
The Australian dollar traded lower after the GDP data became public, with AUD dropping by close to 0.2% against USD to trade at $0.6638 as of 14:30 GMT on June 5. The Aussie, as it is widely referred to in forex markets, has shed close to 2.6% of its value against the U.S. dollar so far this year.
When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.
Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice.
SV
