US: Focus on consumer sentiment – TDS

Sandeep Kanihama FXStreet Contributor

According to analysts at TD Securities, consensus is expecting the University of Michigan's sentiment report to show a slight dip in its index to a still firm 97.1 level in May following a 1.2 decline to 97.2 in April in the US session.

Key Quotes

“Given its heightened relevance in current Fed discussions, market participants are likely to focus on the inflation expectations components, particularly in the 5-10yr measure as it has recently flirted with all-time lows at 2.3%.”

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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