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US June closing UMich client sentiment 60.7 vs 60.5 anticipated

  • May prelim was 60.5
  • Final April reading was 52.2
  • Current conditions 64.8 vs 63.7 prelim
  • Expectations 58.1 vs 58.4 prelim
  • One -year inflation 5.0% vs 5.1 prelim
  • Five-year inflation 4.0% vs 4.1% prelim

Sentiment has rebounded from the April-May lows but still remains far below the levels from late 2024. The market reaction to the report has been minimal.

This article was written by Adam Button at www.forexlive.com.

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