The University of Michigan data, key economic report in today’s agenda, has just been released. The preliminary data for June came in above expectations as the main index, namely the Michigan Consumer Sentiment, rose to 86.4 from 82.9 in May. Also, it is worth to notice that 1-year inflation expectations - a key indicator for the markets these days - fell from 4.6% to 4.0%.
Michigan Consumer Sentiment in June: 86.4
-
Expected: 83.5
-
Previous: 82.9
Other important indices were as follows:
-
Michigan Current Conditions: 90.6 (vs exp. 92.3)
-
Michigan Consumer Expectations: 83.8 (vs exp. 79.0)
-
Michigan 1-year Inflation Expectations: 4.0% (vs exp. 4.6%)
Daily Summary: CPI down, Markets Up
US OPEN: Macroeconomic data sends markets to new heights
BREAKING: Final US UoM consumer sentiment drops🗽Inflation expectations higher
BREAKING: US PMI above expectations! 📈🔥EURUSD declines!
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
