Australian Consumer Pessimism Stretches Into 2024
The continued weakness in consumer confidence is despite a notable easing in rate rise fears
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The continued weakness in consumer confidence is despite a notable easing in rate rise fears
South Korea’s benchmark Kospi edged up in early trade, as airline and energy stocks advanced, with retail and institutional investors remaining net buyers.
Exports rose 2.3% from a year earlier last month, compared with November’s 0.5% increase
U.S. inflation data will likely be key to determining the near-term outlook for the dollar and U.S. rates, though it won’t be a “game-changer,” Danske Bank Research said, as it thinks the figures will broadly align with consensus.
The bank has stood pat since its quarter-percentage point increase in January 2023