Friday, 7 December 2018

Consumer Confidence Remains Stable but Future Expectations Wane

The University of Michigan’s index of consumer sentiment remained at 97.5 in December despite an equity market tumble and rising costs from the ongoing US-China trade war.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...