consumer spending

Czech Retail Sales Stagnate in Q3 but Outlook for Year-End Remains Upbeat

Real retail sales growth came in weaker than expected, implying stagnation since April. This warrants some caution regarding the consumption outlook. Still, households have relatively strong resources which could support robust spending as the year approaches an end

Czech Retail Sales Show Solid Growth Despite External Headwinds

Retail sales added 3.5% annually when adjusted for price effects, coming in above market expectations. Households have enough resources from solid wage growth in the first half of the year. Nonetheless, sentiment will be the key when looking ahead, as the external environment becomes wobblier

US Data Keeps Dollar on Edge Ahead of Key Releases

The US Dollar has been enjoying a renaissance of sorts this week with gains largely down to US data not being bad at all.

Looking at the data this week, the sales rate for US new homes spiked back to levels last seen in early 2022.

RBA Holds Rates Steady Amid Inflation Concerns, AUD Outlook Remains Strong

The Reserve Bank of Australia holds its cash rate steady at 3.6%, in line with expectations. The cautious stance reflects concern over rising headline CPI inflation. As it stands, we think the probability of a rate cut at the November meeting has meaningfully diminished. The Aussie dollar remains supported

Fed Cuts Amid Mixed Signals, Europe Faces Fiscal Pressures, CEE Outlook Steady

Have you been wondering what emoji best describes this week's Fed meeting? James Smith is doing his best to win over Gen-Z again this week, as he looks back at a curious US interest rate decision and weighs up Europe's fiscal woes. All that and more in our guide to the week ahead

US Retail Sales Beat Forecasts in August Amid Modest Industrial Gains

August US nominal retail sales rose more strongly than anticipated, but volume growth remains range-bound with consumers wary of potential tariff-induced price hikes and broadening evidence of a cooling jobs market

Weakening Demand, Easing Inflation, and Central Bank Caution Shape Market Sentiment

The ISM Manufacturing PMI dropped 1.3pt to 49pts, returning to the contractionary territory after two months above the neutral level of 50. The survey highlighted a rapid decline in demand, with the new orders index falling 3.4pt to only 45.2, the lowest level in almost two years and almost 10pts below the level only two months ago.

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. 

US Markets React to Inflation Data and Trade Concerns; Focus on Economic Indicators and Corporate Earnings

The Nasdaq and the S&P 500 ended higher, while the dollar strengthened as cooler-than-expected inflation data calmed tariff concerns. Meanwhile, Treasury yields gained on potential inflationary impact of global trade war.  Oil prices jumped on lower-than- expected oil and fuel inventories in the  U.S. Safe-haven gold rose. 

Market Selloff Deepens Amid Trade Uncertainty and Recession Fears

Wall Street plunged and Treasury yields fell on recession fears, triggered by relentless tariff wrangling and uncertainties surrounding U.S. trade policies. Economic growth and demand concerns weighed on oil prices too. The dollar weakened against the Japanese yen. Gold dropped on profit booking.

USD Strengthens Amid Political Tensions. Global Markets React to Economic and Geopolitical Shifts

Concerns over the US growth outlook were amplified by Friday’s weak consumer spending data. Nevertheless, a recovery in tech stocks led US equity prices higher. Government bond yields were lower, as market pricing for the fed funds rate switched to price in more interest rates cuts this year.

US PCE Data and Consumer Spending: Key Insights Ahead of Fed's Next Move on Inflation and Economic Growth

Stocks ended down as Nvidia results failed to rekindle an AI rally. Treasury yields rose ahead of the crucial PCE data. The dollar was up as tariff threats loom, pushing gold prices down. Oil climbed on supply concerns after U.S. President Doanld Trump revoked Chevron’s Venezuela deal.  

Earnings Showdown: AI, Retail Struggles, and Housing Data Set to Rock the Markets

The Nasdaq and the S&P 500 tumbled and the dollar slipped in the face of mounting economic uncertainties. Treasury yields also slipped following a dour consumer confidence report. Oil prices plunged on tariff worries. Profit booking pushed gold prices to their lowest level in over a week.