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).

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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