MNI BRIEF: BOJ Tankan To Show Slipping Sentiment

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

BRIEF: EU-Mercosur Deal In Final Negotiations - EC

MNI China Daily Summary: Thursday, Dec 5

MNI BRIEF: China Construction Output Slows In November

US EIA:NAT GAS STORAGE -30 BCF TO 3,937 BCF NOV 29 WK

MNI: CANADIAN OCT TRADE BALANCE CAD -0.9 BILLION

MNI: US OCT TRADE GAP -$73.8B VS SEP -$83.8B

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

UMich Inflation Expectations Post Notable Drop

US DATA
  • US University of Michigan Sentiment (Dec P) M/M 69.4 vs. Exp. 62.0 (Prev. 61.3)
  • Expectations 66.4 vs. Exp. 57.0 (Prev. 56.8)
  • 1-yr Inflation Expectations 3.1% vs. Exp. 4.3% (Prev. 4.5%)
  • 5-10-yr Inflation Expectations 2.8% vs. Exp. 3.1% (Prev. 3.2%)
From the report:
  • Consumer sentiment soared 13% [...] primarily on the basis of improvements in the expected trajectory of inflation.
  • All five index components rose this month, led by surges of over 24% for both the short and long-run outlook for business conditions.
  • Year-ahead inflation expectations are at the lowest since March 2021 and sits just above the 2.3-3.0% range seen in the two years prior to the pandemic.
  • Short-run inflation expectations in 2023 have been characterized by considerable volatility and uncertainty, reflecting variation over the course of the year in how quickly realized inflation has slowed, along with changes in gas prices.
  • For both short-run and long-run inflation expectations, uncertainty reached its lowest levels since mid-2021.
  • However, uncertainty from the upcoming elections and international conflicts pose risks in the months ahead.
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

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.