16:00 US, University of Michigan data:
- Consumer Sentiment: Current: 63.9. expected 60.2, previously 59.2
- Expectations Index: Currently: 61.3; expected: 56.5, Previously: 53,4
- 1-year inflation expectations: Currently: 3.3% previously 4.2%
- 5-year inflation expectations: Current: 3% previously 3.1%
Inflation expectations in US came are now on lowest level since 2021. The reading is very good for bulls because consumers are still strong and expecting better conditions but in the same situation inflation expectations are lower. Bulls see this as a sign of still possible 'soft-landing' scenario for US economy. US500 rebounds after UoM data.
Source: ZeroHedge
Economic calendar: Smaller US labour market reports set to fight for attention amid geopolitics (02.04.2026)
Daily Summary - Markets Await Trump's Address
BREAKING: ISM shows that expansion continues but inflationary pressures surge
BREAKING: U.S. retail sales above expectations! EUR/USD is gaining!