The University of Michigan consumer sentiment index has fallen to 66.8 points in the preliminary reading for November, being below the 72.4 expected by the market. In October, the indicator obtained 71.7 points. The first estimate of November is for now the worst reading recorded in ten years, specifically since November 2011. The Present Conditions […]
Tag: ConfidenceConsumer
USD / JPY hits new weekly highs near 114.30 as dollar extends gains
USD / JPY climbed for the third day in a row on Friday, focus at 114.50. The US dollar DXY index remains near 16-month highs amid expectations of a rate hike from the Fed. The hot US CPI makes the dollar rise. Will consumer sentiment do the same? The USD/JPY keep the ground high near […]
AUD / USD retreats from 0.7520 as US Treasury yields rise.
AUD / USD lost 30 pips in the last hour as US Treasury yields rose amid risk appetite in the market. The general strength of the US dollar weighs on the AUD / USD pair. US consumer confidence rose more than economists expected, AUD / USD barely moved. The AUD/USD barely advancing during the American […]
US: Consumers remain pessimistic about current conditions
After falling to its lowest level since 2011 in August, consumer confidence improved only modestly in early September to 71.0 from 70.3 previously, Wells Fargo analysts explained. According to them, consumers remain pessimistic about current conditions. Featured statements “Consumer sentiment as measured by the University of Michigan suggests that consumers are more depressed today than […]
IBD / TIPP economic optimism falls to a new 2021 low of 48.5 in September
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, […]
UM Consumer Confidence Index falls to 70.3 (final) in August from 81.2
The US MU consumer confidence index fell in August. Consumer Confidence in the US it deteriorated sharply in August with the University of Michigan Consumer Confidence Index falling to 70.3 in August (final) from 81.2 in July. This reading beat the market expectation of 70.7. Further details from the release revealed that the Current Economic […]
UM Consumer Confidence Index falls to 81.2 (final) in July from 85.5
Consumer confidence in the United States weakened in July. The US Dollar Index is holding on to modest daily gains near 92.00. The Consumer Sentiment Index in the US. it fell to 81.2 (final) in July from 85.5 in June, the latest Consumer Surveys from the University of Michigan showed on Friday. This reading beat […]
CB’s consumer confidence index improves to 129.1 in July from 123.9 expected
The US central bank’s Consumer Confidence index rose more than expected in July. The US dollar index trades with modest daily losses around 92.50. Consumer confidence in the United States strengthened in July, with the Conference Board’s Consumer Confidence Index rising to 129.1 from 128.9 in June. This reading was better than Reuters’ estimate of […]
The UM consumer confidence index falls to 80.8 in July compared to the expected 86.5
Consumer confidence in the United States weakened in July. The US Dollar Index clings to daily gains around 92.70. The Consumer Sentiment Index in the US. it fell to 80.8 (preliminary) in July from 85.5 in June, the latest Consumer Surveys from the University of Michigan showed on Friday. This reading disappointed the market’s expectation […]
CB’s consumer confidence index rises to 127.3 in June, beating expectations
CB’s consumer confidence index rose more than expected in June. The US Dollar Index is holding on to daily gains above 92.00. Consumer confidence in the United States strengthened in June, according to the Conference Board’s Consumer Confidence Index record. The indicator rose to 127.3 from 120 in May. This reading was better than Reuters’s […]