US: Consumer confidence set to decline modestly – Danske Bank

Sandeep Kanihama FXStreet Contributor

Analysts at Danske Bank suggest that it is a fairly thin calendar in terms of data releases today and the most interesting figure is the US Conference Board consumer confidence, which is set to decline modestly.

Key Quotes

“Despite an expected small decline, the figure should remain at a high level, pointing to ongoing solid growth in private consumption in the US.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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