Dec U Michigan consumer sentiment 74.5 vs 82.4 exp

Author: Adam Button | Category: News

Author: Adam Button

  • Worst since August
  • This is the preliminary reading for December
  • Final November reading was 82.7
  • Current conditions 89.9 vs 90.7 prior
  • 12-month outlook 75 vs 97 prior

Huge miss on the outlook and it comes at a sensitive time around the holidays. Might be fiscal cliff related but who knows.

Risk assets don’t like it and Boehner will probably stomp out any lingering optimism at 1600 GMT.

LON GMT+1
BJ HK+8
NY EST-4
TYO +9

Technical Analysis ... More

Forex Orders ... More

Central Banks ... More

;