03:00 PM BST, United States - University of Michigan inflation report for November:
- Michigan Consumer Sentiment: actual 51.0; forecast 50.3; previous 53.6;
- Michigan Current Conditions: actual 51.1; forecast 52.3; previous 58.6;
- Michigan Consumer Expectations: actual 51.0; forecast 49.0; previous 50.3;
- Michigan 5-Year Inflation Expectations: actual 3.4%; forecast 3.6%; previous 3.9%;
- Michigan 1-Year Inflation Expectations: actual 4.5%; forecast 4.7%; previous 4.6%;
Daily summary ๐ Precious metals and stock indices rebound as Treasury yields fall
Hot inflation data from the US๐ฅ๐ PPI and retail sales are rising!
Economic Calendar: European stocks open lowerโฌ๏ธ; will the PPI confirm the CPIโs inflationary trendโ
๐จMorning Wrap: A weaker dollar, strong gold, and a tech sector in free fallโwhatโs driving the marketโ