Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
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 
Economic data from around the globe was released today, nearly all pointing in a negative direction. Headline U.S. retail sales inched up a slight 0.1 percent while retail sales excluding autos dropped 0.3 percent and PPI an indicator of inflation fell 0.5 percent. These numbers suggest that consumers, the key driving force behind any economy, could be slowing down.
"Outside the U.S. the data is equally unimpressive; U.K. inflation dipped into negative levels, Eurozone industrial output decreased, and China's CPI failed to meet expectations. Poor numbers from such a wide array like this indicate that the commodities slowdown is winding through the global economy", says Voya Global.
