South Africa Retail Sales (YoY) registered at 0.9% above expectations (0.1%) in September

European Commission lowers 2023 economic growth forecast to 0.6% from 0.8% previously

In its quarterly assessment published on Wednesday, the European Commission cut its forecasts for the Eurozone’s economic growth for this year and the next, noting that the bloc could avert a technical recession.
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It is unlikely to be an easy ride for USD bears – Rabobank

The euphoric market reaction to Tuesday’s release of softer-than-expected US CPI inflation data is now set to be re-examined.
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