April 2018 US Michigan consumer sentiment prelim report 13 April 2018

  • Prior 101.4
  • Current conditions 115.0 vs 120.0 exp. Prior 121.2
  • Expectations 86.8 vs 88.1 exp. Prior 88.8
  • 1yr inflation expectations 2.7% vs 2.8% prior
  • 5yr 2.4% vs 2.5% prior

That’s a soft number and some. USDJPY was already on the slide before the data and this added a few pips more to the downside. This sentiment has been running up strongly so this might just be a retrace.

Ryan Littlestone
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