Univeristy Michigan Sentiments prelim: 78,7 vs 70,1 exp. and 60.9 previously
- Expectations prelim: 75.9 vs 67 exp. and 67.4 previously
- Condition prelim: 83.3 vs 73 exp, and 73.3 previously
UoM 5-yr inflation expectations: 2.8% vs 3% exp. and 2.9% previously
UoM 1-yr inflation expectations: 2.9% vs 3.1% exp and 3.1% previously
Existing home sales: -1% vs 0.26% exp and 0.8% previously
After firstly 'bullish' reaction on UoM data, we can see a higher sellers' activity on US100. Despite that, the reading was very good for US economy momentum, indicating strong consumers and sentiments and what's more important - unexpected fall in inflation expectations in both - long term and short term.
Source: xStation5
US Open: Micron restores faith in the never-ending AI boom
Risk aversion to start the month
Record after record: Micron smashes Q4 results, server overload crashes website, stock surges post-market
📊Daily Summary: PCE inflation slowdown brings relief to Wall Street, but oil continues gains despite return of supply
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.