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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI DATA PREVIEW: EZ Flash Consumer Confidence August 2019
LONDON (MNI) - EZ Flash Consumer Confidence (Aug 2019) Preview (1500BST)
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- Bloomberg Consensus: -7.0; MNI Median: -6.8; Prev (Jun): -6.6
- Markets look for consumer confidence to have fallen in August...
-...after it edged up 0.6 points to -6.6 in July, a two-months high
- After falling throughout most of 2018, CC started to trend sideways in 2019
- July's uptick was led by consumers improved perception of their past financial
situation and their expectations about the general economic situation...
-...while their expected financial situation and their intentions to make major
purchases remained unchanged
- Recently falling equity prices (historically reasonably well correlated with
consumer confidence) reveal a downside risk to Aug's reading
- Low inflation and a supportive policy environment should help confidence...
-...however, a number of domestic and international uncertainties continue to
weigh on consumer's sentiment going forward
--MNI London Bureau; +44 0203 865 3814; email: irene.prihoda@marketnews.com
[TOPICS: MAXPR$,M$X$$$]
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.