University of Michigan consumer sentiment Preliminary for August 58.6 vs 62.0 est

Forex Short News
  • Prior month 61.7
  • Consumer sentiment 58.6 vs 62.0 est
  • Current conditions 60.9 vs 67.9 est. Last month 68.0
  • Expectations 57.2 vs 56.5 est. Last month 57.7
  • 1 year inflation 4.9% vs 4.5% last month
  • 5 year inflation 3.9% vs 3.4% last month

A big drop in the Michigan sentiment.

This article was written by Greg Michalowski at investinglive.com.