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German ZEW rose to -1 1, passed the lowest points

German and Eurozone economic sentiments are seeing a revival, as indicated by the notable improvement in ZEW Economic Sentiment Indicators for October. In Germany, Economic Sentiment rose significantly from -11.4 to -1.1, outperforming the anticipated -9.5. Despite this uplift in sentiment, Current Situation Index experienced a minor decline, moving from -79.4 to -79.9, although it still exceeded the expected -80.5.

Retail Sales Lifts Dollar Higher; Canadian Faces Headwinds After CPI

Today's economic data releases are steering the markets, though it is uncertain how sustained their influence will be. Dollar emerges as the day's strongest performer, buoyed by robust retail sales figures. Australian Dollar trails as the initial lift from RBA minutes dissipates, leaving it in the second spot. Euro is firmer after German economic sentiment data showed Eurozone has passed the lowest point.

Investor sentiment turns sour after a bad month for stocks - here s why that s a bullish sign

Falling sentiment suggests investors are more worried about getting trapped in another bear market than they are about missing the next bull market.

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