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consumer confidence
Articles related to consumer confidence
Ukraine Peace Deal Hopes Weigh on EUR Inflation Swaps as Real Rates Hit New Highs
Intuitively, a deal with Russia would help euro rates higher, but falling gas futures are already pushing down the curve through lower inflation expectations. Tensions with Russia are likely to stay, which means risk sentiment should remain fragile
USD Overvaluation Persists as Geopolitics Dominate and JPY Faces Intervention Risks
A December Fed cut is back as a baseline scenario for markets, but the dollar has remained relatively strong. Our short-term valuation metrics point to significant risks of a USD correction, unless data prompts a hawkish repricing. Geopolitics will remain in focus, both for European FX (Ukraine peace talks) and the yen (Japan-China tensions over Taiwan)
Riksbank Set for Prolonged Hold as Strong Growth Supports the Krona
The Riksbank and the ECB are both in a 'good place'. However, the risks that rates will be lowered again in Sweden are even lower than in the eurozone, as the growth outlook continues to improve and the Riksbank already took rates below 2% in September. We don't expect any new guidance at this meeting, and the krona's outlook remains good into 2026
Italian Confidence Rebounds: Consumers and Manufacturers Signal a Stronger Fourth Quarter
Italy's October batch of confidence data marks an improvement in all monitored sectors but services. This is good news for Italian growth perspectives in the fourth quarter
USD Weakens Ahead of Consumer Confidence Data and Layoff Headlines
The dollar is a little weaker across the board in quiet trading conditions. The yen is outperforming on some very mild verbal intervention from Japanese authorities - but hardly enough to drive a sustainable trend. In a market deprived of US data by the government shutdown, there may be more focus than usual on reports that Amazon plans to cut 30,000 jobs
Eurozone: Consumer Confidence Rebounds, but Retail Spending Remains Muted
Eurozone retail sales declined by 0.1% in August compared to July. This sales trend has been roughly flat since April. The worried eurozone consumer is seemingly shying away from the shopping street despite improvements in purchasing power across the bloc
Romania: Retail Sales Slump Signals Cooling Consumer Demand Amid Fiscal Tightening
Romanian consumers have recently hit the brakes, signalling increased caution. While some of the August slowdown can be attributed to pre-emptive spending ahead of tax hikes, that doesn’t fully explain the drop. We do not expect this steep decline to become the norm, but caution is likely to persist into year-end and early 2026
US Jobs Market Cooling: Slower Wage Growth and Consumer Caution Signal Fed Rate Cuts
Last week's US data was in general good, but today's sentiment and labour data remind us that not everyone is feeling so positive. This is a constraint on US growth prospects and suggests the Fed will retain an easing bias through the rest of the year
Dutch Economy: Fragile Confidence and Modest Growth Ahead
Sentiment in Dutch commercial services and retail cooled in September, according to fresh data from the European Commission. While the mood isn’t gloomy, it does echo our view that growth remains stuck below potential – for now
Eurozone Economy: Sluggish but Resilient Amid Trade Risks
The economy remains on track to see a small improvement in GDP growth in the third quarter as uncertainty fades and big shocks to trade have been avoided
Italian Confidence Indicators Signal Stabilisation but Recovery Remains Fragile
Following a second quarter still heavily impacted by the introduction of new US tariffs, early data for the third quarter points to a very mild improvement, though sectoral contributions remain uneven. Today’s confidence indicators for September appear to support this view
Riksbank Likely on Hold as Inflation Surprises, SEK Outlook Stays Firm
We expect the Riksbank to keep rates on hold at 2.0% on 23 September, in line with expectations. Markets are pricing in a less than one-in-three chance of a cut. Rate projections may well be kept unchanged but could still suggest some possibility of another cut. Our call for now is for no more easing. Sweden's krona has room to appreciate into year-end
Hungary’s Wage Growth Slows but Remains Strong Amid High Inflation and Weak Consumer Confidence
Wage growth came in as expected in July. It seems likely that it will remain stable at this level in the near future. However, households still prefer to save rather than spend due to weak consumer confidence
Italy Struggles to Reignite Growth as Confidence Weakens Across Key Sectors
August confidence indicators paint a picture of economic inertia, with growth momentum still concentrated in the services sector
German Yields Near 2% as Markets Reassess ECB Cuts and US Curve Steepens
Eurozone optimism has pushed the German two-year yield to the brink of pre-'Liberation Day' levels. Just shy of 2%, the balance of risk is towards near-term lower yields again. US rates are quick to fade the dovish move from last Friday, and we think the back end of the curve will want to test higher still
Flash GDP Data Confirms Modest 0.3% Growth Amid Weak Consumer Confidence and Mixed Sector Performance
Today’s flash GDP data has confirmed our forecast for the second quarter, with annual growth continuing to expand at a modest 0.3% pace. We don’t expect major improvements at this stage, with risks actually tilted to the downside, and we continue to expect a 0.3% advance for the full year in 2025
Mixed Inflation Data and Durable Goods Orders Shape Market Outlook
The UK CPI was weaker than expected in February at 2.8%yr compared to 3.0%yr in January. Core inflation edged down from 3.7%yr to 3.5%yr, but services inflation held up at 5.0%yr. However, decrease in both was mainly driven by weaker core goods inflation, while services inflation, which the BoE officials follow closely, was unchanged at 5%yr.
Tariff Talks and Market Caution Ahead of Key Data
Quiet start to Tuesday with G10 FX trading in tight ranges against the USD, US equity futures flat while USTs are weaker, led by the back-end. Reports suggest that India could cut its tariffs on US imports to avoid April 2 measures, following Trump's headlines on Monday on a potentially softened and/or targeted approach.
Markets Rally as Tariff Fears Ease; Dollar Strengthens, Gold Slip
Stocks closed sharply higher and Treasury yields climbed after reports that President Donald Trump's tariff plan may use a more targeted approach than previously thought, boosting risk appetite. The dollar strengthened as U.S. business activity picked up in March, pushing gold lower. Oil prices were up on Venezuela oil and gas tariffs.
Markets Stabilize on Tariff Reprieve Hopes; Eyes on Key U.S. Data and Fed Speeches
The Dow and the S&P 500 ended nearly unchanged, recovering from earlier lows following President Donald Trump’s comments on tariff reprieve. The benchmark 10-year Treasury yield rose but traded in a tight range on tariff and economic concerns. The dollar gained putting pressure on gold prices. Oil edged up as fresh Iran sanctions and latest output plan from the OPEC+ raised supply concerns.
EUR/USD Eyes Fed Caution and German Fiscal Surge Amid Shifting Market Sentiment
It has been a quiet start to the week for the major FX rates ahead of a busy schedule of G10 central bank meetings this week including the BoJ and Fed on Wednesday followed closely by the SNB, Riksbank and BoE on Thursday. Ahead of those policy updates the US dollar is continuing to consolidate at weaker levels against other major currencies with the dollar index trading just below the 104.00-level.
Plunging Consumer Confidence and Tariff Fears Shake Markets: Dollar, Oil, and Gold Hit Hard
Stocks struggled with the S&P 500 and the Nasdaq touching one-month lows as a dour consumer confidence report put mounting economic uncertainties into sharp relief and prompted a selloff. "This is clearly a risk-off day and a continuation of a risk- off month," said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia.
Six Catalysts Driving Europe's Investment Surge: Recovery, Defense, and Strategic Stock Picks
US Economic Woes Deepen: Consumer Sentiment Plunges, Tariffs Escalate, and Markets Sink
A drop in consumer sentiment brought fresh concerns about the US economic growth. Most major equity indices sold off and government bonds rallied, with the 10Y US Treasury yield dropping 11bp to 4.29%. Market digested news that Ukraine is going to sign a minerals deal with the US, and a confirmation from the US president that US tariffs on Canadian and Mexican imports will go up next week.
US Treasuries and Market Sentiment: A Mixed Outlook Amid Fiscal and Policy Shifts
Rates Spark: The glass half empty trade. The drivers of Doge, Bessent and SLR have been added to in the guise of weaker consumer confidence and a ratchet down in expectations for the terminal rate. This market is now considering the possible downsides ahead. Can it last? Well yes for a bit. But we are constrained to the downside for yields, until or unless we seriously contemplate a recession of sorts
Japanese Yen Flexing Muscles as G-10's Best Performer Against the US Dollar
The Japanese yen is slightly lower on Wednesday. In the North American session, USD/JPY is trading at 149.25, up 0.16% on the day.
Bank of Korea preview: Rate cuts resume, but inflation caution clouds outlook
ECB Bank Lending Survey: Signs of Monetary Transmission Persistence
EUR Benefits from Better Risk Sentiment: Focus on Consumer Confidence and ECB Lending Survey"
UK Retail Sales Surge in December: Positive Momentum After November Rebound
BoJ Stands Firm: Yen Rocked, but Is a Second Quarter Hike Looming? 🇯🇵💹 Catch the Pulse of FX Markets: USD Mixed After Cautious Fedspeak!
FX Daily: Navigating Central Bank Winds in Year-End Markets
Downward Pressure on Australian Dollar as Market Awaits Consumer and Business Confidence Data, RBA Governor's Speech, and US Inflation Report
CEE Outlook: Potential Positive Shift in Czech Republic's Rating Amid Improved Fiscal Outlook
German Debt Brake Ruling Sparks Concerns for the Euro: Impact and Expectations
FX Daily: Navigating Familiar Ground with Fed Caution and USD Consolidation
EUR/USD Faces Volatility: Unsustainable Gains Amidst Economic Indicators and FOMC Influence
Monitoring Hungary: Assessing Economic and Market Forecasts as Decision Day Approaches
French GDP Growth Slows Sharply in Q3 Despite Domestic Demand Rebound: A Detailed Analysis and Future Projections
Rates Spark: US Treasuries Face Supply Test Amid ECB Dovish Tone and Eurozone Data; Long-Term US Deficit Concerns Linger
EU GDP Stalls in Q3 Amid BOJ Yield Curve Control Tweaks
Dampening Business Optimism in France Signals General Economic Slowdown
Tepid Start for Euro and Pound as Corrective Waves Unfold: Market Analysis and Outlook
US Equities Slide 1.5% as Bond Yields Soar Amid Consumer Confidence Drop
US and European Equity Futures Mixed Amid Economic Concerns and Yield Surge
Australian CPI Expected to Rise to 5.2%: Impact on AUD/USD and RBA's Rate Hike Dilemma
Equity Markets Weighed Down by Firmer Yields and Stagflation Concerns
Asia Morning Bites: Australia's CPI Inflation Report and Chinese Industrial Profits
Global Markets Shaken as Yields Soar: Dollar Surges, Stocks Slump, and Gold Holds Ground Amid Debt Concerns and Rate Hike Expectations
Asia Weakness Sets Tone for Lower European Open on 26th September 2023
Asia Morning Bites: Singapore Inflation and Global Market Insights - 25 September 2023
Strong August Labour Report Poses Dilemma for RBA: Will Rates Peak or Continue to Rise?
Turbulent Times for Australian Consumer Confidence and Business Conditions
Tesla's Market Surge, Apple's Recovery, and Market Dynamics: A Snapshot
Swiss Economy Faces Significant Slowdown Amid Global Headwinds and Stagnant GDP
US Payrolls Report and Global Central Banks' Monetary Policies
Assessing the Resilience of the US Economy Amidst Rising Challenges and Recession Expectations
Market Developments: Australian Inflation Slides to 4.9%, US GDP Expected to Rise to 2.4%, Australian Dollar Dips Amid Mixed Economic Data
Understanding Gold's Movement: Recession and Market Dynamics
Euro's Rally Stalls as Focus Turns to Inflation and Data Disappointments
FX Daily: Eurozone Inflation Impact on ECB Expectations and USD
Rates Retreat: Impact of Weaker Data on US Yields and Market Dynamics
Dream JOLTS Data Sparks Optimism and Market Gains
Global Economic Data and Central Bank Activity: Key Focus Areas for the Upcoming Week"
Asia Morning Bites: Tokyo Inflation Dips and Markets Await Powell's Jackson Hole Speech
Dutch Retail Sector Faces Challenges: Anticipating First Contraction in a Decade
GBP: Fluctuating Rates Ahead of PMI Data Release
EUR: ECB Braces for Impact of PMIs on Outlook
Weekly Economic Outlook: Jackson Hole Symposium, PMI Data, and Global Economic Trends
CEE Economic Outlook: Focus on Data and Rates
UK Retail Sales Expected to Slip as Concerns about Inflation Persist
Assessing the Risk of Prolonged Economic Stagnation in China - Insights by Ipek Ozkardeskaya, Senior Analyst | Swissquote Bank
Australian Sentiment Shift: Consumer Confidence Slides, Business Confidence Holds Steady
UK Housing Market Pessimism and Its Implications: RICS Survey Sparks Concerns
US Inflation Takes Center Stage: Expectations and Impact on Markets
Asia Week Ahead: China Inflation and Trade Data, GDP Reports for Indonesia and the Philippines
China's Politburo Meeting Sparks Positive Sentiment in Markets and Affects Yuan's Performance
USD/JPY: Pre-FOMC Consolidation as Investors Await Fed and BOJ Decisions
Rates Spark: Fed Set to Keep Pressure on Amid Consumers' Confidence and Upward Yield Trend
Asia Morning Bites: Australian Inflation Preview and Global Market Updates
FX Daily: European Pessimism and Chinese Optimism Influence Currency Pairs
US Fed Set to Resume Rate Hikes Amidst Mixed Economic Data: A Look at Key Indicators and Earnings Ahead
CEE Economies Show Resilience Amid Global Central Bank Focus
USD: Heavy Short Dollar Positioning Ahead of Key Rate Decisions
US Q2 GDP: Resilient Economy Faces Key Test Amid Inflation Slowdown
China's Internal Demand Weakens, PBoC Holds Key Interest Rate Amid Liquidity Trap Risk
China's Internal Demand Deteriorates, PBoC Holds Key Interest Rate Amidst Risk of Liquidity Trap
US Retail Sales Expected to Continue Steady Growth in June, While Speculation Surrounds Ocado's H1 2023 Performance
UK Retail Sales Show Resilience in June Amid Inflationary Pressure
Portugal's Strong Growth Fades as Global Conditions Weaken
Producer Price Fall and Stickier Services Inflation: Impact on CPI and Resilient Consumption
French Outlook: Weak Economy Amid Social Tension
Portuguese Economy Faces Slowdown amid Global Challenges
Challenges Ahead: Tense Social Climate and Weak Outlook for the French Economy
Pressure on Market Rates: The Journey for 10yr Rates Back to March Highs
Global Manufacturing Hubs Show Weakness, US and Japan Stocks Bullish Despite Recession Risk
Painting a 3% to 4% Range for the US 10-Year Treasury Yield: Nearing the Peak of Rising Rates, with a Dash Lower and Overshoot in 2024
Sintra's Hawkish Message: Impact on Major Central Banks and FX Market
