US Michigan Current Conditions Prel (Apr) 50.1 (Prev. 55.8)
The preliminary Michigan Current Conditions print shows a notable decline from the previous level, suggesting a deterioration in consumer sentiment.
US is likely to approve extension of waiver allowing sales of some Russian crude as early as today, according to sources
RBNZ Governor Bremen says are targeting balanced policy that prevents inflationary pressures embedding in the economy; ready to act decisively if inflation concerns mount
US Michigan Current Conditions Prel (Apr) 50.1 (Prev. 55.8)
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This drop could impact expectations for consumer spending and potentially influence monetary policy, as weaker sentiment often correlates with reduced economic activity. Traders should monitor the implications for the USD and broader market sentiment as this data feeds into the growth-inflation narrative.
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