News
🚨 🇺🇸 US consumer confidence jumps to 91.7, far above 81.0 expected
🚨 🇺🇸 US consumer confidence jumps to 91.7, far above 81.0 expected
- 🇺🇸 The Conference Board's consumer confidence index jumped to 91.7 in October, far above the 81.0 expected, from an upwardly revised 84.2 in September (first reported 81.9)
- 🇺🇸 New home sales ran at a 676,000 annual rate in September, above the roughly 650,000 expected, though slightly down on the month
FO view: A clear upside surprise: households are shrugging off oil above 100, which strengthens the case for higher US yields and a firm dollar and leaves less room for the Fed to sound dovish.
Not investment advice.