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Economists at Nomura Securities.....>

US DATA PREVIEW
US DATA PREVIEW: Economists at Nomura Securities led by Lewis Alexander
projected the 10:00 a.m. ET Conference Board's consumer confidence index would
"moderate slightly to 128.0 in December, from 129.5 in November."
- "Our forecast reflects resilient consumer optimism in Q4 and would be
consistent with the preliminary December print of the University of Michigan's
consumer survey," they said.
- They added that the "Conference Board's present situation and expectations
indices for November both improved, highlighting sustained consumer optimism. In
addition, the labor market differential index rose further, pointing to
strengthening labor market conditions. We expect the strong job market to
continue to buoy consumer confidence."

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