Previous Trading Days Events 15.03.2024
U.S. consumer sentiment and inflation expectations were a little bit changed in March. However, it is notable that the overall Consumer Sentiment Index came down to 76.5 this month, compared to a final reading of 76.9 in February, according to the University of Michigans preliminary reading.
Consumers perceived few signals that the economy is currently improving or deteriorating, said Surveys of Consumers Director Joanne Hsu in a statement. Indeed, many are withholding judgment about the trajectory of the economy, particularly in the long term, pending the results of this Novembers election.
The surveys reading of oneyear inflation expectations was unchanged at 3.0 in March. The surveys fiveyear inflation outlook held steady at 2.9 for the fourth straight month.
Source httpswww.reuters.commarketsususconsumersentimentinflationexpectationsstablemarch20240315
Winners vs Losers
USDJPY currently leads with 0.92 for the week followed by other JPY pairs JPY as Quote as the JPY is weakening as the Bank of Japan raised interest rates, a pivotal change in monetary policy.
News Reports Monitor Previous Trading Day 15 Mar 2024
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Midnight Night Session Asian
No important announcements, no special scheduled releases.
MorningDay Session European and N. American Session
According to firms responding to the March 2024 Empire State Manufacturing Survey, business activity continued to…