Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
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.
