US: Consumer confidence likely to decline to 132.0 levels - TDS

Analysts at TD Securities point out that in the US session, Consumer confidence for September is out at 10 AM where markets look for some giveback after the index rose to a new post-crisis high of 133.4 in August.

Key Quotes

“Consensus is looking for a decline to 132.0 which would still represent the second highest reading of the cycle. The Richmond Fed Index for September will round out the calendar with the market calling for a pullback to 20 from 24 in August.”

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