UK DATA: UK GfK Consumer Confidence Lowest Since Dec 2023
Jan-24 00:01
UK GfK Consumer Confidence in January was firmly below consensus at -22 (vs -18 consensus, -17 in Dec). This fall more than reverses the past two consecutive monthly rises and takes the print to its lowest level since Dec 2023.
- All 5 subcomponents declined. In particular, 'General Economic Situation over the next 12 months' reading fell 8 points to -34.
- The Savings Index (which is not included in the calculation of the overall index score) rose 9 points to 30.
- The survey was conducted among a sample of 2007 individuals between January 2nd and January 16th 2025.
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
MNI: JAPAN NOV SERVICES PPI +3.0% Y/Y; OCT UNREV +2.9%
Dec-24 23:51
- MNI: JAPAN NOV SERVICES PPI +3.0% Y/Y; OCT UNREV +2.9%
- JAPAN NOV SERVICES PPI +0.4% M/M: OCT UNREV +0.8%
LOOK AHEAD: Thursday Data Calendar: Weekly Claims, Tsy Bills & 7Y Note Sale
Dec-24 18:38
- US Data/Speaker Calendar (prior, estimate)
- Dec-26 0830 Initial Jobless Claims (220k, 223k)
- Dec-26 0830 Continuing Claims (1.874M, 1.881M)
- Dec-26 1130 US Tsy $75B 4W, $70B 8W bill auctions
- Dec-26 1300 US Tsy $44B 7Y Note auction & $64B 17W bills
STIR: FED Reverse Repo Operation
Dec-24 18:24
RRP usage climbs to $180.989B this afternoon from $116.004B yesterday. Compares to $98.356B last Friday - the lowest level since mid-April 2021. The number of counterparties climbs to 52 from 47 prior.
