US Consumer Sentiment to Continue to Show Confidence in Economy

The paradox of the American consumer will continue as the University of Michigan Consumer Sentiment is expected to gain yet again. The disconnect between how good does the average consumer feel versus the amount of money they spend measured by retail sales to be reported two days earlier will continue to grow. The UoM survey is expected at 96.5, an improvement over last months 95.9. This is the preliminary version of the survey to be further revised 14 days later. The data will be released on Friday, May 15 at 10:00 am EST.



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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza