November 2016 Michigan consumer sentiment flash 11 November 2016
Prior 87.2
Current conditions 105.9 vs 103.4 exp. Prior 103.2
Expectations 82.5 vs 77.3 exp. Prior 76.8
1yr inflation exp 2.7% vs 2.4% prior
5yr 2.7% vs 2.4% prior
Sorry for the delay, some gremlins in my PC.
Apart from the jump in sentiment, the pick up in inflation expectations will be most noted by the Fed. While actual inflation is important, folks perspective on inflation is equally important.
This survey was taken before the results of the election were known.
USDJPY grabbed itself nearly 20 pips from 106.40. There's not much else going on so traders are jumping on this number for trading inspiration.
Michigan consumer sentiment
