Consumer Confidence Hits Near-Record Low Amid Worries over Trump Trade Policy
5 Articles
5 Articles
Consumer Confidence Boost the FTSE 100
UK stocks opened higher on Friday in response to the optimistic consumer confidence in May and amid the ongoing talks between Southeast Asian leaders on Monday. Today’s start for the FTSE 100 was positive, with 26.50 points, or 0.3%, up at 8,765. However, the index closed yesterday at 8,739.26, a 47.20-point decline (0.5%). Also, the sterling pound opened early Friday higher at 1.1318, compared to late yesterday’s trading at 1.1285. Despite the …
Consumer Confidence Edges Up Following Interest Rate Cut And Easing Of Tariff Concerns
After an unexpectedly positive month for retail sales in April, consumer confidence data for May suggests the trend is set to continue. GfK’s long-running Consumer Confidence Index increased by three points to -20 this month, driven by improvements in how (more…) The post Consumer Confidence Edges Up Following Interest Rate Cut And Easing Of Tariff Concerns appeared first on KamCity.
Consumer confidence rises as global trade tensions ease, despite inflation spike – Your Capital Minds
British consumer confidence has bounced back this month, according to the latest GfK survey, as fears of a global trade war subside and optimism about personal finances improves — despite a spike in inflation linked to rising household bills. The consumer sentiment index rose by three points to -20 in May, its highest level in two months, partially reversing April’s sharp decline triggered by escalating global tariff tensions and financial marke…
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