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3 Numbers: US consumer confidence on track to dip for third month

From tradingfloor.com

The UK retail sector is under the microscope today with the June release of the CB Distributive Trades Index. Later, two US numbers deserve attention for updating the macro profile for June: the Conference Board’s Consumer Confidence Index and the Richmond Fed’s manufacturing survey report. UK: CBI Distributive Trades Index (1000 GMT) Last week’s survey data for UK manufacturing activity in June posted a surprisingly strong reading compared with expectations. Will today’s counterpart for the retail industry follow suit? Economists think not. Econoday.com’s consensus forecast calls for the CBI Distributive Trades ... (full story)

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