US DATA REACT: HFE says the higher 74.2p Dec Michigan consumer sentiment index "was lifted by gains in both the expectations and current conditions"

Market news

10 December 2010

US DATA REACT: HFE says the higher 74.2p Dec Michigan consumer sentiment index "was lifted by gains in both the expectations and current conditions"

and the former could reflect higher stock prices and the latter lower jobless claims. "With stocks at new highs expectations can rise further, though higher gas prices are a constraint."

ECB: ECB's Mersch; says situation in financial markets recently worsened again and we're now back in a phase of acute crisis.

US DATA: Dec Rtrs-U/Michigan consumer sentiment data incl current conditions 85.7 vs 82.1 and expectations 66.8 vs 64.8. 1y inflation expectations 2.9% and 5y at 2.7%.

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.