Consumer sentiment according to the University of Michigan is again heading downwards. For January, the sentiment index falls to 68.8 points against an expectation of 70 points and the previous level of 70.6 points. Rising prices and uncertainty about the coronavirus are responsible for the low sentiment. Inflation expectations for the 1-year outlook point to 4.9%, compared to 4.8%.
BREAKING: US NFIB Business Optimism Index much higher than expected🗽
Economic calendar: ADP and JOLTS data in focus
Economic Calendar: a calm start to an interesting week 🔎
BREAKING: German industrial production higher than expected 📌