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Consumer Sentiment drops more than expected


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#1 Rogerdodger

Rogerdodger

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Posted 13 November 2009 - 10:04 AM

this you see that big red candle at 9:55ET?
Consumer Sentiment dropped more than expected:
Consensus: 71 Actual: 66

"Consumer sentiment has been very weak, much weaker than consumer spending which has been holding up. But new deterioration in consumer sentiment could jolt the optimists."


Market Consensus Before Announcement

The Reuter's/University of Michigan's Consumer sentiment index for October rose 1.2 points from mid-month to 70.6 but was still down from September's level of 73.5. Weakness in October was primarily in the expectations index which fell to 68.6 from 73.5 in September. The current conditions index actually edged up to 73.7 in October from 73.4 the prior month.

International Trade
Posted ImagePosted Image
8:30 AM ET
Import and Export Prices
Posted ImagePosted Image
8:30 AM ET
Consumer Sentiment
Posted ImagePosted Image
9:55 AM ET
EIA Natural Gas Report
Posted Image
10:30 AM ET

UNG holders may watch out for that last report @ 10:30et.

Edited by Rogerdodger, 13 November 2009 - 10:07 AM.