Consumer confidence in the US weakened with the Conference Board's Consumer Confidence Index falling to 120.0 in March from 132.6. Analysts’ has expected a reading of 115.0.
Despite the better-than-expected data, US indices are struggling to continue their upward movement from yesterday. As of writing, the Dow Jones Industrial Average was down 0.41% on the day while the S&P 500 dropped 0.52%.. Source: Macrobond, XTB research.
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