US Conference Board Consumer Confidence came in 100.4 vs 100 exp. and 102 previously
- According to Conference Board, average 12-month US consumers inflation expectations ticked up to 5.4% from 5.3%
Richmond Fed came in -10 vs -3 exp. and 0 previously
According to Conference Board research, US consumers expectations fell, holiday plans increased, and households opinion of the labour market and business conditions remained unchanged on the monthly basis. Futures contracts on US dollar (USDIDX) gains slightly after today reading which showed higher inflation expectations and little higher consumer's confidence. Investors are ignoring the much weaker Richmond Fed.
Source: xStation5
Source: Fed, ISM ,Macrobond, XTB Research
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