US Michigan Consumer Expectations Final (Mar) 51.7 vs. Exp. 54.1 (Prev. 56.6)
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US DoJ official says FBI director's personal email was breached by hackers, Iranian-backed hackers claimed responsibility
India to reportedly borrow INR 8.2tln via bonds in H1 FY27 (exp. INR 8.7tln), Bloomberg reports; India trims FY27 gross borrowing aim to INR 16.1tln (prev. INR 17.2tln)
US Michigan Consumer Expectations Final (Mar) 51.7 vs. Exp. 54.1 (Prev. 56.6)
US EQUITY OPEN: Stocks sold into weekend on geopolitical risk, despite Trump's optimism
Fears are mounting in Britain and the rest of Europe that America will abandon its NATO allies and make a deal with Russia, The Times report
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Context
The final reading for US Michigan Consumer Expectations for March came in significantly below expectations and even lower than the previous month, indicating a potential weakening in consumer sentiment. This decline could suggest a shift in spending behavior, influencing economic growth prospects and potentially affecting monetary policy decisions moving forward.
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