US consumer sentiment: Expected to be unchanged – Danske Bank

By FXStreet FXStreet (Delhi) – Research Team at Danske Bank, note that the US consumer sentiment is expected to be unchanged amidst mixed signals from the economy.

Key Quotes

“Today we get the US University of Michigan preliminary consumer sentiment for September. The August release saw a decline in sentiment over the last two weeks of the month – likely reflecting increased uncertainty about global growth and lower stock prices.”

“Equity markets have remained lower but gasoline prices have finally started to react to the fall in the oil price, which should support consumer sentiment. Overall, we estimate that the UoM sentiment stayed unchanged in September at 91.2.”
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Source:: FX Street