| Indicator | Value |
|---|---|
| Forecast | 51.4 |
| Previous | 48.9 |
Prelim UoM Consumer Sentiment is an indicator of consumer sentiment that measures the level of consumer confidence in the economy. A high reading suggests optimism, which may lead to increased consumer spending and thus support economic growth. Changes in this indicator have a significant impact on financial markets, including currencies and stock indices.
Watchlist: DXY reaction, UST yields, volatility in the commodities market
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Further Reading
- Employment Situation Summary — Bureau of Labor Statistics
- Commodity Markets — World Bank
- Consumer Price Index (CPI) — Investopedia