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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. Losses can exceed deposits on some products.
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A good US print before we start the weekend

Macro

Christopher Dembik

Head of Macro Analysis

Summary:  The latest UMich consumer sentiment survey confirms that household spending should keep driving the US economy in the near term.

Today, preliminary results are out. It is a solid US consumer survey, that why’s our comment will be rather short. Consumer sentiment is still in its long-term range, climbing at 96.0 vs expected 92.0. Current conditions (113.4), expectations (84.8) and inflation expectations (1yr at 2.5% and 5y at 2.2%) are all well-oriented.

The record-long US expansion is likely to continue supported by solid US consumer spending and healthy household spending in the coming months.

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