US July final Michigan consumer sentiment index 97.9 vs 97.1 expected

US July 2018 Michigan consumer indices on 27.07.2018

• prior 97.1
• Current conditions 114.4 vs 114 exp, prior 113.9
• Consumer expectations 87.3vs 86.5 exp, prior 86.4
• 1 yr inflation expectations 2.9 % vs 2.9% prior
• 5 yr inflation expectations 2.4% vs 2.4% prior

These data, a beat again … , together with trade balances in all countries will gain in importance from this July on as a barometer for how consumers expect to and will get impacted by tariffs around the globe.

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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

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