October 2014 US Michigan consumer sentiment index flash 86.4 vs 84.1 exp

  • Prior 84.6
  • Current conditions 98.9 vs 98.0 exp. Prior 98.9
  • Expectations 78.4 vs 74.4 exp. Prior 75.4
  • 1 year inflation expectations 2.8% vs 3.0% prior
  • 5 year 2.8% vs 2.8%

Such a funny report this one. Often ignored until you get days like this when there’s nothing else out and the market is generally in a good/bad mood and you see the markets react.

The buck gets a shot in the arm all around. USD/JPY up to new highs at 106.71 from 106.53. EUR/USD down to 1.2758 from 1.2783. Cable 1.6060 from 1.6080

US University of Michigan survey 17 10 2014

US University of Michigan survey 17 10 2014

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