Australia’s GDP in 2020 Q4 was Significantly Higher than Market Expectations
Australia’s gross domestic product (GDP) in the fourth quarter of last year grew by 3.1% quarter-on-quarter, which was much higher than market expectations of 2.5%. It was also the second consecutive quarter of growth. The previous quarter’s growth was 3.3%, mainly due to the government’s large-scale monetary and fiscal stimulus measures. However, at an annualized rate, GDP still shrank by 1.1%, but it was narrower than market expectations and the previous contraction of 1.9% and 3.8%, respectively. The data strengthens the market’s expectations that the Australian economy is expected to get rid of the haze of the epidemic in the short term, and may be expected to support the performance of the Australian dollar.
U.S. Labour Market Growth Slows
In the United States, the number of private jobs at ADP increased by 117,000 in January, which was lower than the market’s expected increase of 177,000. The previous value was revised up to 195,000. During the period, the service industry added 131,000 jobs, mainly from education and health, professional and business. As for manufacturing jobs, it decreased by 14,000. US “Small non-agricultural data are far below expectations, reflecting the continued slowdown in the growth of the US labour market, especially for large enterprises and manufacturing.
場外式黃金/白銀交易由 Max Online 提供。場外式黃金/白銀交易涉及高度風險,未必適合所有投資者。高度的槓桿可為閣下帶來負面或正面的影響。場外式黃金/白銀並非受證券及期貨事務監察委員會(「證監會」)監管,因此買賣場外式黃金/白銀將不會受到證監會所頒布的規則或規例所約束,包括(但不限於)客戶款項規則。閣下在決定買賣場外式黃金/白銀之前應審慎考慮自己的投資目標、交易經驗以及風險接受程度。可能出現的情況包括蒙受部分或全部初始投資額的損失,或在極端情況下(例如相關市場跳空)產生更多的損失。因此,閣下不應將無法承受損失的資金用於投資。投資應知悉買賣場外式黃金/白銀有關的一切風險,如有需要,請向獨立財務顧問尋求意見。