Rising Consumer Confidence Boost Markets, While House Prices Continue to Fall According to …
Rising Consumer Confidence Boost Markets, While House Prices Continue to Fall According to S&P/CS
Optimism dominated investors at the start of this week as rising consumer confidence provided investors with hopes that the world’s largest economy is on its way back to recovery, as last week stock markets dropped after the Federal Reserve Bank released new […]
U.S. Consumer Confidence Rises Sharply
U.S. Consumer Confidence Rises Sharply
CB U.S. Consumer Confidence (May) Actual 54.9, Expected 42.7, Previous 40.8
Release Explanation: This is the Conference Board’s survey of consumer confidence regarding current and future economic conditions. “The survey, based on responses from about 5000 households, builds an economic picture of the mood of the economy’s consumer and therefore how […]
Deflation Risks Fade, Manufacturing Slump Ease, and Confidence Improve
Deflation Risks Fade, Manufacturing Slump Ease, and Confidence Improve
Deflation risks are indeed fading away in the world’s largest economy, as CPI inflation came to confirm yesterday’s PPI at least on the core levels, while manufacturing activity seems to be recovering though contraction still persist, meanwhile confidence improved further as seemingly expectations over the outlook for […]