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Friday, December 8, 2017

U Mich Nov prelim consumer sentiment 96.8 vs 99.0 expected

Consumer sentiment data from the University of Michigan - Prior was 98.5 - Current conditions 115.9 vs 114.3 prior - Expectations 84.6 vs 90.5 exp - 1-year inflation expectations 2.8% vs 2.5% prior (highest since April 2016) That jump in inflation expectations is bullish for the dollar.
U Mich Nov prelim consumer sentiment 96.8 vs 99.0 expected

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