U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
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Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
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Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Asian Stocks Slide as Central Bank Decisions and Key Data Keep Investors Cautious 
German Retail Sector Faces Decline in September
The business climate in Germany’s retail sector worsened in September, as revealed by the latest Ifo Institute survey. Retailers assessed their current situation as slightly more negative compared to the previous month and showed growing concern about the months ahead.
Economic Policy Uncertainty Dampens Consumer Spending
According to Patrick Hoeppner, an Ifo expert, consumer uncertainty surrounding economic policy is affecting spending habits. As a result, the prospects for dynamic growth in private consumption remain bleak for the remainder of 2024. The cautious approach of consumers is contributing to the negative sentiment within the retail sector.
Retail Outlook for 2024
Given the current economic climate and concerns over policy direction, Germany's retail sector is likely to face continued challenges. The slowdown in consumer spending is expected to hinder growth, resulting in a subdued retail outlook for the rest of 2024.
