Results of the preliminary University of Michigan consumer sentiment survey:
- Prior reading was 82.5
- Current conditions 95.2 vs 98.6 prior
- Expectations 70.9 vs 72.1 prior
- One-year inflation expectations at 3.00%
Lower on the headline and the sub-indexes, causing some USD weakness. When that report moves the market on a small miss, you know the market is sensitive to data.
U Michigan sentiment
