During the Asian session, Australia will release the Monthly Consumer Price Index, and Japan the Leading Economic Index. The Bank of Japan will publis
. On Wednesday, upcoming US data includes the Durable Goods Orders report, while the focus is on consumer inflation figures to be released on Friday.
The deterioration in market sentiment has added fuel to the Dollar's rally, but a correction is overdue, particularly for the Euro andSoft confidence in recent years has not always translated into spending declines partly because consumers were flush with cash and had easy access to affordable credit. But with savings running dry and credit now scarce and costlier, the biggest monthly decline in consumer confidence since 2020 could be more impactful on actual spending.failed to hold above 1.
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