The University of Michigan consumer sentiment index fell to 73.2 from 78.1 in July. However, this data has a short-lived impact on the market. Talking over middleterm, we have a good setup in this market – commercials are long, the evaluation index shows the dollar is undervalued, but time matters a

Norway's consumer confidence weakened sharply in the fourth quarter, survey data from Finans Norge showed on Tuesday. The consumer confidence index decreased to -11.9 in the fourth quarter from -5.7 in the previous quarter. On an adjusted basis, the consumer sentiment index fell to -11.5 in the fo

German consumer confidence is set to improve in August, survey data from market research group GfK showed Thursday. The forward-looking consumer sentiment index rose to -0.3 points from revised -9.4 in July. The expected reading was -5.0. Gfk said German consumers are gradually putting the coronavir

Consumer confidence from Germany is due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, Germany's Gfk consumer confidence survey results are due. The forward-looking consumer sentiment index is expected to rise to -5 in August from -9.6 in July. In the meantime,

Annual CPI in June forecast to climb to 0.3% from 0.1%. Core yearly CPI expected to rise to 1.3% from 1.2% in June. CPI is the precursor to the Fed’s core PCE index later in the month. Currencies will not react to a recovering inflation rates. Consumer prices that collapsed in March and April have

German economic sentiment weakened for the first time in four months in July as investors expect a slow recovery from the downturn caused by the coronavirus pandemic, survey data from the ZEW - Leibniz Centre for European Economic Research showed Tuesday. The ZEW Indicator of Economic Sentiment fell

Foreign trade data from Germany is due on Thursday, headlining light day for the European economic news. At 2.00 am ET, Destatis is scheduled to publish Germany's foreign trade figures for May. Exports are forecast to grow 13.8 percent and imports to rise 12 percent on a monthly basis. The trade sur

British consumer confidence picked up in late June to its highest level since the country's coronavirus lockdown started in late March, according to the country's longest-running survey of household sentiment. The GfK Group UK Consumer Confidence arrived at -27 vs -30 prior. GBP/USD in focus Meanw

Payrolls expected to increase by 3 million jobs. ADP June private payrolls rose 2.369 million, May revision adds 5.825 million. Manufacturing PMI unexpectedly jumps into expansion at 52.6. New orders in manufacturing soars to 56.4 from 31.8 with the largest gain on record. US dollar has retreated fr

The Financial Times has written an article that states that "almost three-quarters of UK manufacturers are preparing to cut jobs in the next six months, according to new figures that will heap further pressure on the government to protect employment ahead of an economic stimulus package expected nex