US: Focus on consumer sentiment data – Nomura

US consumer sentiment has been optimistic so far while consumers remain cognizant of tariff hikes by the US and its trading partners, according to analysts at Nomura.

Key Quotes

“In the final University of Michigan survey for September, the headline sentiment index rose to 100.1 from 96.2, previously. Consumers’ sanguine outlook was likely supported by steady income gains and solid improvements in the labor market.”

“The median 12-month ahead inflation expectations fell to 2.7% in September from 3.0% last month, possibly reflecting some stabilization in gasoline prices. Median inflation expectations over the next 5-10 years fell to 2.5% vs. 2.6% last month. These readings are still within a steady range and we expect them to remain stable.”

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.