CB Consumer Confidence jumps to 101.4 in June – better than expected

US consumers are feeling more confident: 101.4 points in June, better than expected. The number for May was revised down from 95.4 to 94.6 points, but the markets focus on the present and not on the past. This is yet another positive data point for the second quarter and in theory implies strong retail sales.

The dollar is slightly higher on the news.

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