The US Conference Board’s Consumer Confidence Index rose in October to 113.8 points after declines for the previous three months, the most recent of which was declines in September.
In the details of the index, the current situation index, based on consumers’ assessment, rose to 147.4 from 144.3, while the expectations index rose to 91.3 compared to 86.7 in September.
\On the other hand, the manufacturing activity index rose in October from the Richmond survey to 12 points after a decline of about 3-in September, exceeding expectations that were at 4 points, as all three components of the inde rose from shipments, new orders and employment.
The general index of the US dollar is rising and trading at 93.92 levels, up by 0.25% from the lowest level recorded during the European session.
06/11/2024
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