BREAKING: US CB Consumer Confidence Index well above expectations

US Conference Board Consumer Confidence index increased to 108.0 in September, from the previous month's 103.2 and compared to market expectations of 104.2 and point to more hikes from FED.

Further details of the publication:

Present situation 149.6 vs 145.3 prior
Expectations 80.3 vs 75.8 prior
Jobs hard-to-get 11.4% vs 11.6% prior

Simultaneously, new home sales for August figures were released Sales of new single family houses in the US unexpectedly rise to 685k from 511k in August, well above analysts’ estimates of 501k.

EURUSD broke below lower limit of the triangle formation and is currently testing major support at 0.9600. Source:xStation5

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Economic reports

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