January 20187 US University of Michigan consumer sentiment survey 19 January 2018

  • Prior 95.9
  • Current conditions 109.2 vs 113.8 prior
  • Expectations 84.8 vs 84.3 prior
  • 1 year inflation expectations 2.8% vs 2.7% prior
  • 5yr 2.5% vs 2.4% prior

Some folks feeling less cheerful early year but the Fed will be interested in those inflation expectations rising. Not a number the buck usually moves on but it can surprise now and again. USDJPY tardes 110.61.

Ryan Littlestone

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