Tag Archives: Consumer Confidence

Eurozone’s Retail Sales came in at 0% MoM in April versus 0.2% expected and -0.4% previous, the latest official figures released by Eurostat showed on Tuesday. On a yearly basis, the bloc’s Retail Sales dropped 2.6% in April versus -3.3% booked in March and -1.8% expected. The Retail Sales released …

CB Consumer Confidence Index declined modestly in May. The US Dollar Index stays in positive territory above 104.00. The US Dollar Index clings to small daily gains slightly above 104.00 after this report. Consumer sentiment in the US weakened slightly in May with the Conference Board’s Consumer Confidence Index edging …

The shared currency has advanced against the US Dollar during Wednesday’s US session after an upbeat Wall Street open put paid to lingering recession fears. Stronger tech company earnings from Alphabet and Microsoft suggest advertising revenue remains high, offsetting recession fears. The EUR/USD pair is trading at 1.1043 at the …

Gold price advanced and printed a new weekly high at around $2003, though it faltered to hold its gains above the $2000 mark. Deteriorated risk appetite fueled by worries about the US banking system, and a surge in investments in safe-haven assets. As a result, after reaching a low of …

Consumer sentiment in the US improved modestly in early April with the University of Michigan’s (UoM) Consumer Confidence Index rising to 63.5 (preliminary) from 62 in February. This reading came in better than the market expectation of 62. Consumer Confidence Index in the US rose slightly in April. The US …

Although petrol prices decreased in March, consumer prices in the United States hardly increased. However, stubbornly high rents maintained underlying inflation pressures at a simmer, making it probable that the Federal Reserve will increase interest rates again next month. However, the Labor Department’s data on Wednesday contained some positive news …

In March’s flash estimate, the Consumer Confidence Index was lower than anticipated. The EUR/USD currency pair is still trading slightly above 1.0900.The Consumer Confidence Index, which measures consumer sentiment in the Eurozone, decreased slightly from -19.1 in February to -19.2 in the March flash estimate. This figure was weaker than …

Consumer sentiment in the US weakened in early March with the University of Michigan’s (UoM) Consumer Confidence Index declining to 63.4 from 67 in February. This reading came in worse than the market expectation of 67. “Year-ahead inflation expectations receded from 4.1% in February to 3.8%, the lowest reading since …

The price of the precious metal has eventually stabilized with the US session’s end. Gold was earlier up 0.5% near $1,826.67 after travelling from a low of $1,804 and $1,831 on the day. It is trading at 1826.10 at the time of writing after weak US economic data was widespread …

US stocks moved higher during early Wednesday’s US session as Wall Street witnessed strong earnings from Nike and FedEx. These earnings boosted investors looking to fight back recent extensive selling. The S&P 500 rose 1.1%, while futures on the Dow Jones Industrial Average jumped more than 400 points, or 1.3%. …