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24.07.26 - 12:42
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German Consumer Sentiment To Fall In August (AFX)
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BRUSSELS (dpa-AFX) - German consumer confidence is set to weaken in August due to lower income expectations and a greater willingness to save, latest results of the NIM Consumer Climate powered by......
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24.07.26 - 12:24
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Czech Economic Sentiment Edges Higher In July (AFX)
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PRAG (dpa-AFX) - The Czech economy's confidence remained slightly more positive in July, while consumers showed a less optimistic attitude, survey results from the Czech Statistical Office showed ......
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23.07.26 - 14:18
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Crude Oil Price Surge Dominates Market Sentiment (AFX)
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CANBERA (dpa-AFX) - The unabated jump in crude oil prices amidst the intensifying Middle East conflict dominated sentiment in global markets. The disruption in oil transit through the Strait of Ho......
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22.07.26 - 16:42
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Geopolitics, Earnings Sway Market Sentiment (AFX)
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CANBERA (dpa-AFX) - The escalating geopolitical conflict between the U.S. and Iran overwhelmed markets as crude oil prices spiked further in response to the disruption in key transit routes. Fadin......
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17.07.26 - 16:39
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UMich Sentiment Extends Bounce From Record 46-Year-Lows As Gas Prices Ease (ZeroHedge)
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UMich Sentiment Extends Bounce From Record 46-Year-Lows As Gas Prices Ease
Having rebounded from record (46 year) lows in June, University of Michigan's preliminary July Sentiment survey was expected to show further improvement as gas prices fell since the US-Iran 'peace' MoU signing (before rising modestly in the last few days of the reignited conflict).
And indeed it did, headline Consumer Sentiment jumped from 49.5 to 54.4 (51.0 exp) - its highest since February...
"With the second straight month of 10% jumps," said UMich Dirctor of Surveys, Joanne Hsu, pointing out that "consumer sentiment climbed to its highest reading since February of this year on the basis of easing price pressures at the pump in recent weeks."
All five index components improved, led by significant 20% increases in buying conditions for durables as well as year-ahead business conditions.
This month's rise in sentiment was pervasive across the population, seen across groups by age, income, wealt...
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