Attention remains on the USD rally and the decline in equity prices. During the Asian session, key releases include the New Zealand NZD Business Confi
dence report and Australian retail sales. Later, the focus will shift to preliminary September inflation figures from Spain and Germany. Additionally, the Eurozone's Consumer and Business Confidence data will be released. In the US, notable releases include weekly Jobless Claims and a new Q2 GDP reading.recorded a 0.45% gain, marking its fourth consecutive daily gain and reaching its highest closing level since November.
expectations and can impact the markets. Additionally, Eurostat will release its Business and Consumer Sentiment report.Owing to the petering out of two larger base effects – stemming from last summer's fuel discount and 9-Euro-ticket –, we anticipate Germany's CPI headline and core inflation rates to fall more substantially again in September.
Similarly, the New Zealand Dollar experienced a second consecutive day of decline against the US Dollar, butmanaged to stay above the 0.5900 level. On Thursday, the New Zealand ANZ Business Confidence survey will be released.
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