Dollar down, stocks up: FOMC fear disappears: US consumer confidence surged to the highest level since October 2007 in October with the Conference Board index...
Dollar down, stocks up: FOMC fear disappears: US consumer confidence surged to the highest level since October 2007 in October with the Conference Board index rising to 94.5. The reading was higher than the 89.0 figure of September, revised up from 86.0 seen previously, and forecasts for a decline to 87.0 with the expectations measure jumping 8.6pts to 95.0, the largest month-on-month increase since June 2013 and highest level seen since February 2011. (VIEW LINK)
David is a Director of Scutt Partners Pty Ltd and has successfully worked in the financial services markets over the past 12 years with both large and smaller banking groups. He has provided strategic financial analysis for currency and interest...
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