Global risk sentiment

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UBS agrees to purchase Credit Suisse – what does that mean for sentiment?

Following tense weekend talks, UBS has agreed to purchase Credit Suisse by the end of the year for Fr 3 billion ($4.5 billion).

Research

Another US business sentiment report flashes red ahead of the ISM

The Texas Fed Business Outlook Survey is the latest regional report for the US to send warning signals for the US economy.

US Consumers Are Confident (That Things Could Get Worse)

A preliminary report of consumer confidence is showing signs that consumers may have less appetite to consume, given their inflation expectations and financial concerns.

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