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US consumer sentiment soars to 60.5 over easing inflation
June's preliminary consumer sentiment reading climbed to 60.5, as reported by the University of Michigan, from April's print of 52.2 and estimates of 53.6. Brad Smith breaks down the fresh consumer data on the backdrop of this week's key inflation reports on Catalysts.
US consumer sentiment rebounded in June ... The rebound follows five consecutive monthly declines and lifts the index from its second-lowest level in the survey’s nearly 75-year history.
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U.S. small-business confidence improved in May, likely because of a de-escalation in trade tensions between Washington and ...
Commodity markets now turn to the upcoming US labour report for policy signals, following early signs of a rebound in Q2 with modest gains in consumer spending and subdued April inflation. The ECB ...
Markets today face sharp losses as oil news drives risk-off moves amid Middle East tensions and U.S. consumer sentiment data.
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