US: Modest drop in Consumer Sentiment likely in October – TD Securities

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities point out that the market expects University of Michigan’s consumer report to show that sentiment dropped modestly in October to 92.0, down from 93.2 in the month before.

Key Quotes

“If realized, the decline would keep consumer sentiment at still solid levels and within the 90-100 range that has been maintained since 2017.”

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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