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Consumer confidence in the US improved slightly in early September, with the University of Michigan's Consumer Sentiment Index edging higher to 69 from 67.9 in August. This reading came in above the market expectation of 68. The Current Conditions Index rose to 62.9 from 61.3 and the Consumer Expectations Index improved to 73 from 72.1. The details of the ...
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It has been an eventful summer with the combination of a Bank of Japan rate hike on 30 July, which caught many in the market off guard, and the Fed pivoting to put less emphasis on inflation and more on the jobs situation at the 31 July FOMC meeting, triggering some major market moves. This was compounded by a weak US labour report on 2 August. With the yen ...
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