“Conference Board consumer confidence is expected to rise to 91.6 in June from 86.6 in May. The plunge from 132.6 in February to 85.7 in April was the largest two-month drop in the 53 year series.”
“With lockdowns at an end across the country the return to employment in June is probably more widespread than anticipated. The risk to the jobs numbers and consumer sentiment is on the upside though better than expected numbers will not be enough to allay all the pandemic fears.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.