This month the survery results are more positive:
Consumer sentiments 60.5 versus 53.5 estimateCurrent conditions 63.7 versus 59.4 estimate.Expectations 58.4 versus 49.0 estimate1-year inflation 5.1% down from 6.6% last month.5-year inflation 4.1% down from 4.2% last monthThe Joann Hsu from the University of Michigan commented:
The final results will be released in 10 or so days from now.
The better than expected data has not materially impacted stock prices. US yields are moving higher despite the data and are near highs for the day:
2 year 3.945%, +3.9 basis points10 year 4.398%, +4.2 basis points30 year 4.885%, +4.3 basis points.Gold remains elevated with gains of $47 or 1.4% at $3433. The high reached $3446.79.
This article was written by Greg Michalowski at www.forexlive.com.Hence then, the article about university of michigan consumer sentiment preliminary for june 60 5 vs 53 5 estimate was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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