University of Michigan consumer sentiments came in 61,3 vs 61 exp. and 60,04 in previously reading
Expectations conditions index: 56.9 vs 56.8 previously
Conditions index: 68.3 vs 65.7 previously
US inflation expectations has been revised higher, signalled that Federal Reserve may still have some job to do.
- 1yr inflation expectations: 4.5% vs 4.4% exp. and 4.4% previously
- 5yr inflation expectation: 3.2% vs 3.1% exp. and 3.2% previously
US500 erases early gains after University of Michigan readings, testing 4560 pts levels.
Source: xStation5
Daily summary: Alphabet shares support sentiments on Wall Street ๐ฝOil, precious metals and crypto slide
BREAKING: US100 with mixed reaction to the JOLTS/PMI/Orders prints ๐๏ธ
BREAKING: Eurozone inflation slightly below estimates ๐ช๐บ EURUSD ticks up
Economic calendar: US labour market set for a reboundโ๐บ๐ธ (07.01.2026)