The final UoM sentiment index for March falls to 62 points, below expectations of 63.3 and the previous reading level of 63.4.
At the same time, inflation expectations come out mixed: on the one hand, a sizable drop in 1-year expectations to 3.6% from 3.8%. On the other hand, maintaining 5-year expectations at 2.9%, above an expected drop to 2.8% and still above 2% Fed inflation target.
Due to Independence Day, the US stock market remained closed today. Concerns about the future of tariff negotiations led to declines in US index...
00:56US indices hit new highs yesterday. Today's lack of trading sessions is causing a slight correction in futures contracts, although it's hard to...
19:48European markets record sharp declines, as investors’ anxiety grows ahead of the looming tariff negotiation deadline. Donald Trump’s pledge...
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