Price action is fairly muted considering the developments in the Middle East, as the markets seem to have developed some sort of a war news fatigue. UoM showed a mixed consumer, possibly impacted by cumulative rise in consumer prices of almost 20% over the past few years- that's why consumer confidence at 77.9 - well below Feb 2020 level of 101.
Animal Spirits, Minimal Spirits!
Animal Spirits, Minimal Spirits!
Animal Spirits, Minimal Spirits!
Price action is fairly muted considering the developments in the Middle East, as the markets seem to have developed some sort of a war news fatigue. UoM showed a mixed consumer, possibly impacted by cumulative rise in consumer prices of almost 20% over the past few years- that's why consumer confidence at 77.9 - well below Feb 2020 level of 101.