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14 Aug 2015
US Consumer confidence remains sidelined – Danske Bank
FXStreet (Edinburgh) - Christin Tuxen, Senior Analyst at Danske Bank, expects US consumer confidence to extend the recent sideline pattern.
Key Quotes
“In the US, preliminary University of Michigan consumer confidence for August, producer prices for July and industrial production for July will be released today”.
“So far, consumer confidence has been moving broadly sideways at a decent level in 2015 and we expect this trend to have continued in August”.
“With inflation in focus, producer and import prices should provide some important information on the underlying price pressure on goods prices”.
Key Quotes
“In the US, preliminary University of Michigan consumer confidence for August, producer prices for July and industrial production for July will be released today”.
“So far, consumer confidence has been moving broadly sideways at a decent level in 2015 and we expect this trend to have continued in August”.
“With inflation in focus, producer and import prices should provide some important information on the underlying price pressure on goods prices”.