- The US IBD / TIPP Economic Optimism Index fell below 50 for the first time in 2021.
- The US Dollar Index continues to climb towards 93.00.
The TIPP survey The Investor’s Business Daily (IBD) main economic optimism index fell to its lowest level since December to 48.5 in September from 53.6 in August. In addition, the six-month economic outlook index fell to its weakest level in a year at 41.3.
“The IBD / TIPP finance-related stress index rose 1.7 points to 64.9 in September,” the publication read. “That is the highest level since December before the second round of stimulus controls came out.”
The dollar continues to outperform its rivals after this report and the US dollar index was last seen as rising 0.28% on the day to 92.78.