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July final UMich US consumer sentiment 71.6 vs 72.6 expected

Prelim was 72.6Prior was 64.4Current conditions 76.6 vs 77.5 prelim (69.0 prior)Expectations 68.3 vs 69.4 prelim (61.5 prior)1-year inflation 3.4% vs 3.4% prelim (3.3% prior)5-10 year inflation 3.0% vs 3.1% prelim (3.0% prior)This indicator has little use for traders, though it still moves market. It's a measure of gasoline prices and political sentiment, from where I stand.This is an interesting divergence with higher income consumers turning higher and lower income consumers (who have more... Read More

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Content Topics

July

Final

Umich

Consumer

Sentiment

71

72 Expected

Forex

Posted: Jul 28 2023, 14:00

Author Name: forexlive

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