US Univ Of Michigan Sentiment Aug : 58.2 (est 55.5; prev 55.1)
- Current Conditions: 58.6 (est 55.6; prev 55.5)
- Expectation: 58.0 (est 55.0; prev 54.9)
- 1-Year Inflation: 4.8% (est 5.0%; prev 5.0%)
- 5-10 Year Inflation: 2.9% (est 3.0%; prev 3.0%)
Daily summary: Muted rebound on Wall Street 🗽 Metals attempt to recover as the U.S. dollar weakens
Bank of Canada holds rates unchanged - will USDCAD react?
RBNZ raises interest rates again, yet NZD falls after the decision ⚔️
Economic calendar: central bank decisions and US ADP report in focus 🔎
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