US: Consumer confidence to stay around the current level – Danske Bank

Research Team at Danske Bank, suggests that today is a very quiet day in terms of data releases but most interestingly, the preliminary University of Michigan US consumer confidence index is due out for November.

Key Quotes

“We do not expect the Trump win to have an impact on short-term economic growth - therefore, we expect consumer confidence to stay around the current level (which is around pre-crisis levels).

Fed Vice Chair Fisher is due to speak today.”