US Michigan Current Conditions Final (Feb) 56.6 vs. Exp. 57.7 (Prev. 55.4)
The final reading for the Michigan Current Conditions in February came in below expectations, indicating potential softness in consumer sentiment.
US military planning on Iran is reportedly highly advanced with options ranging from targeting individuals to pursuing regime change, according to reports
US Supreme Court strikes down the Trump administration's IEEPA tariffs (as expected); Voted 6-3 against tariffs; Supreme Court has not addressed eligibility for tariff refunds
US Michigan Current Conditions Final (Feb) 56.6 vs. Exp. 57.7 (Prev. 55.4)
US EQUITY OPEN: Indices mixed as NDX outperforms amid a deluge of data
[ANALYSIS] SCOTUS opinions due at 15:00GMT/10:00EST; once again, we do not know in advance whether tariffs will be covered or not
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This marginal miss, albeit an improvement from previous figures, could suggest headwinds for consumer spending, which may impact growth forecasts and consequently influence policy discussions surrounding interest rates.
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