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Univ. of Michigan preliminary sentiment index for November 54.7 vs 59.5 last

Univ. of Michigan preliminary sentiment index for November 54.7 vs 59.5 last
  • Consumer sentiment 54.7 vs. 59.5
  • Current conditions 57.8 vs. 64.0 estimate
  • expectations 52.7 vs. 56.0 estimate
  • inflation expectations 1 year 5.1% vs 5.0% last month
  • inflation expectations 5 year 3.0% vs 2.9% last month

Not a great report all the way around as inflation expectations tick higher while consumer sentiment falls.

The US stocks are somewhat steady with the Dow down -78 points . The Nasdaq is up 43 points.

From the Un... Read More

Posted: Nov 11 2022, 15:00
Author Name: forexlive
Views: 110788

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