US: UoM Consumer Sentiment Index falls to 56.3 in May vs 63.0 expected

The preliminary estimate of the University of Michigan's (UoM) Consumer Sentiment Index for May fell to 56.3 versus an expected small rise to 63.0 from 62.5 in April, data released on Friday showed.

May 13, 2022

United States Michigan Consumer Sentiment Index below expectations (64) in May: Actual (59.1)

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May 13, 2022

WTI rallies for third straigth day into $109.00s amid risk-on flows, though still lower on the week

Oil prices rose for a third straight session on Friday, with front-month WTI future last trading higher by close to $3.0 in the mid-$109.00s per barre

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