{"id":9688,"date":"2010-05-25T14:07:18","date_gmt":"2010-05-25T18:07:18","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=9688"},"modified":"2010-05-25T14:07:18","modified_gmt":"2010-05-25T18:07:18","slug":"be-prepared-u-s-cb-consumer-confidence-tomorrow-at-1400-gmt","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/05\/25\/be-prepared-u-s-cb-consumer-confidence-tomorrow-at-1400-gmt\/","title":{"rendered":"Be Prepared! U.S CB Consumer Confidence Tomorrow at 14:00 GMT"},"content":{"rendered":"<p><strong>By Yan Petters<\/strong> &#8211; We at <a href=\"http:\/\/www.forexyard.com\/en\/open-live-account\">ForexYard<\/a>,  encourage our customers to get involved in the most intense market  events. As such, we think you should know that U.S. CB Consumer  Confidence figures are expected tomorrow, May 25th, at 14:00 GMT, and  you need to be prepared.<\/p>\n<p><strong>What is CB Consumer Confidence?<\/strong><\/p>\n<p>The CB Consumer Confidence survey usually acts as a direct reflection  of prior leading financial indicators that are assembling the U.S  economic outlook. The biggest impact of the survey derives from  instantly effecting consumer data, such as home prices, food costs,  energy and gasoline. The Conference Board Inc.\u2019s (CB) Consumer  Confidence report measures the level of a composite index based on  surveyed consumers. The figure is derived from a survey of about 500  households which asks respondents to rate the relative level of current  and future economic conditions. Financial confidence is a leading  indicator of consumer spending, which accounts for a majority of overall  economic activity in the U.S.<\/p>\n<p><strong>If the Survey Comes In-Line With Market Forecasts<\/strong><\/p>\n<p>As recent U.S economic data has shown signs of growth, analysts  forecast that this month\u2019s survey will continue the current trend of  rising consumer optimism. This will mark the 3rd consecutive month in  which U.S. consumer confidence has advanced. If the result will reach  expectations, it is likely to elongate the current bullish trend of the  Dollar, especially against the Euro and the Pound.<\/p>\n<p><strong>If the Survey Will Disappoint<\/strong><\/p>\n<p>In case the survey will unexpectedly deliver lower figures than  expected, it may reflect a worse than anticipated mood of U.S consumers.  Such a result might have a very significant impact on USD trading, as  it could halt the current bullish trend of the Dollar. In such a  scenario, the EUR\/USD pair might correct towards the 1.2500 level over  the remainder of the week.<\/p>\n<p><strong><em>Forex Market       Analysis<\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">Forex                                          Yard.<\/a><\/strong><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                          may not be suitable for all        investors.       There    is  a              possibility      that            you   could       sustain a  loss   of  all   of    your                investment and            therefore  you        should   not      invest        money  that   you            cannot afford to           lose. You         should    be      aware of     all       the    risks         associated     with     Foreign       Exchange        trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Yan Petters &#8211; We at ForexYard, encourage our customers to get involved in the most intense market events. As such, we think you should know that U.S. CB Consumer Confidence figures are expected tomorrow, May 25th, at 14:00 GMT, and you need to be prepared. What is CB Consumer Confidence? The CB Consumer Confidence &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/05\/25\/be-prepared-u-s-cb-consumer-confidence-tomorrow-at-1400-gmt\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Be Prepared! U.S CB Consumer Confidence Tomorrow at 14:00 GMT&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-9688","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=9688"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/9688\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=9688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=9688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=9688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}