University of Michigan consumer sentiments report (prelim) came in 74 vs 73.2 and 71.8 previously
- Expectations: Actual 71.6 (Forecast 77.7, Previous 76.9)
- Condition Prelim: 77.7 (Forecast 65.2, Previous 63.9)
University Michigan 1 Yr Inflation Prelim Actual 2.9% (Forecast 2.7%, Previous 2.6%)
- University Michigan 5 Yr Inflation Prelim Actual 3.1% (Forecast 3.1%, Previous 3.2%)
TNOTE gains since today NFP report which came in only slightly higher than expected, with unemployment rising to 4.2% and lower private payrolls.
Source: xStation5
Daily summary: exceptionally low US trade deficit; dollar remains strong 📌
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BREAKING: EURUSD reacts to US jobless claims & labor costs data 🗽
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