18 Jul 2014
US Reuters/Michigan Consumer Sentiment Index expected to drop slightly - TD Securities
FXStreet (Łódź) - Prashant Newnaha, Asia-Pacific Macro Strategist at TD Securities remarks that the Reuters/Michigan Consumer Sentiment release is the only US indicator on the calendar today.
Key quotes
"We look for confidence to edge modestly lower to 82.0 from 82.5, with recent equity market volatility weighing on sentiment."
"Consumer sentiment is nevertheless expected to remain just below cycle highs."
Key quotes
"We look for confidence to edge modestly lower to 82.0 from 82.5, with recent equity market volatility weighing on sentiment."
"Consumer sentiment is nevertheless expected to remain just below cycle highs."