Analysts at Nomura note that the US Conference Board’s consumer confidence index fell to 126.4 in June, below expectations (Nomura: 130, Consensus: 128.0), from 128.8 in May. Key Quotes “The present situation index was little changed in June at 161.1, down only 0.1pp from 161.2 in May. Much of the decline was driven by the expectations index which fell 4pp to 103.2. Although the expectations index remained high by historical standards, the Conference Board indicated that the decline in the expectations index suggested that “consumers do not foresee the economy gaining much momentum in the months ahead.” “The decline in consumer optimism was accompanied by some easing in respondents’ assessments of future business conditions. Consumers expecting improvement within the next six months decreased to 21.4% from 23.3%, while those expecting deterioration rose to 9.8% from 7.8%. The deterioration in the short-term business outlook likely reflects increased trade tensions, in our view.” “Despite the less rosy evaluation for businesses, the labor differential index, the difference between those reporting jobs “plentiful” vs. “hard to get,” came in at 25.1, down slightly from 26.5 but a still solid reading.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CNY rises to highest since December 19 FX Street 5 years Analysts at Nomura note that the US Conference Board's consumer confidence index fell to 126.4 in June, below expectations (Nomura: 130, Consensus: 128.0), from 128.8 in May. Key Quotes "The present situation index was little changed in June at 161.1, down only 0.1pp from 161.2 in May. Much of the decline was driven by the expectations index which fell 4pp to 103.2. Although the expectations index remained high by historical standards, the Conference Board indicated that the decline in the expectations index suggested that "consumers do not foresee the economy gaining much momentum in the months ahead." "The decline in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.