MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

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

US DATA: Consumer Sentiment Misses Vs Higher Near-Term Inflation Expectations

US DATA
USGlobalEM BulletFixed Income BulletsData BulletBulletMarketsEmerging Market NewsForeign Exchange BulletsRegionNorth America
  • U.Mich consumer sentiment disappointed in the preliminary October release, falling to 68.9 (cons 71.0) after 70.1 in September. It leaves sentiment at one of the lower levels seen this year but well within post-pandemic ranges.
  • Declines and downward surprises were seen in both current conditions and expectations components but were most pronounced for expectations.
  • The preliminary survey period ran until Oct 7 so came before Hurricane Milton made landfall.
  • 1Y: 2.9% (cons 2.7) in Oct prelim after 2.7% in Sept. The surprise increase sees it lift from what was the lowest since Dec 2020.
  • 5-10Y: 3.0% (cons 3.0) in Oct prelim after 3.1% in Sept, falling back more firmly into its typical range. 
113 words

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.
  • U.Mich consumer sentiment disappointed in the preliminary October release, falling to 68.9 (cons 71.0) after 70.1 in September. It leaves sentiment at one of the lower levels seen this year but well within post-pandemic ranges.
  • Declines and downward surprises were seen in both current conditions and expectations components but were most pronounced for expectations.
  • The preliminary survey period ran until Oct 7 so came before Hurricane Milton made landfall.
  • 1Y: 2.9% (cons 2.7) in Oct prelim after 2.7% in Sept. The surprise increase sees it lift from what was the lowest since Dec 2020.
  • 5-10Y: 3.0% (cons 3.0) in Oct prelim after 3.1% in Sept, falling back more firmly into its typical range.