US Michigan Current Conditions Final (Jan) 55.4 vs. Exp. 52.4 (Prev. 50.4)

The Michigan Current Conditions index came in significantly higher than expectations, suggesting improved sentiment among consumers.

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Newsquawk European Market Wrap - 23rd January 2026

Italy's PM Office says they're still willing to cooperate with the US; says EU-Mercosur trade deal is now more balanced, Italy support it

US Michigan Current Conditions Final (Jan) 55.4 vs. Exp. 52.4 (Prev. 50.4)

US EQUITY OPEN: Indices in the red as NVDA gains but INTC tumbles post-earnings

US S&P Global Composite PMI Flash (Jan) 52.8 (Prev. 52.7)

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Context

This beat could imply a stronger outlook for consumer spending, which may influence the Fed's policy considerations and overall economic growth projections. A sustained rise in consumer sentiment could create upward pressure on rates as markets reassess growth and inflation dynamics.

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