2:04 PM · 28 April 2023

BREAKING: UoM data in line with expectations

The University of Michigan released a consumer sentiment index for April today at 3:00 pm BST. 

University of Michigan flash data for March

  • Consumer sentiment index: 63.5 vs 63.5 expected (62.0 previously)

  • 1-year inflation expectations: 4.6% vs 4.6% expected (3.6% previously)

  • 5-year inflation expectations: 3.0% vs 2.9% expected (2.9% previously)

Consumer Sentiment Index data turned out to be in line with the analysts expectations. Similarly, inflation expectations came near forecasted data. 1-year inflation came at 4.6% and what is more important, inflation expectations rose by 1 pp compared to the latest reading at 3.6%. This mens that inflation is more sticky and consumers expect it to last for a longer period of time. 5-year inflation came slightly higher at 3.0%.

30 October 2026, 3:33 PM

Gold prices drop sharply at the end of October. The collapse of the safe-haven myth or a search for liquidity?

29 October 2026, 1:19 PM

ECB Holds Rates Unchanged💶 EURUSD down 📉

29 October 2026, 10:13 AM

There is no good scenario for the euro today

29 October 2026, 7:25 AM

Economic Calendar: ECB Decision, PCE Inflation, and Amazon Earnings in the Spotlight 🚨

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits