All eyes on US consumer sentiment
Investors in the United States are turning their attention to the University of Michigan's preliminary consumer sentiment data for October, scheduled for release on October 9.
After the index fell to 48.1 in September, its performance in the latest survey will be closely watched for insights into the outlook for the US economy.
The report will also provide important updates on consumers' short-term and long-term inflation expectations. Persistently elevated expectations for price increases could influence market forecasts regarding the Federal Reserve's (Fed) future interest rate decisions.
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