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UoM CSI to Rebound in October

From orbex.com

The consumer sentiment index for September saw a revision from 92.0 to 93.2. The UoM consumer sentiment hit a high at 101.00 in May this year. But, since then, consumer sentiment is in a downtrend. The forward looking indicator rebounded during the month, according to the preliminary estimates. The rise in the index came on the back of consumers expecting larger gains in income and lower inflation for the year ahead. Trading the news requires access to extensive market research - and that's what we do best. Open your Orbex account now. Consumers also expect the real income to rise as a result. The rate cuts from the ... (full story)

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  • Category: Fundamental Analysis