US: Consumer confidence data is the highlight for today - TDS

In view of the analysts at TDS, the release of Conference Board’s Consumer Confidence for April is the highlight of the upcoming US session. 

Key Quotes

“The index, which reached a 17-year high in March, is expected to edge lower to 122.5 from 125.6. While numerous surveys show confidence near post-crisis highs (soft), we have yet to see that translate into stronger consumer spending (hard).”

“Also, March new home sales will be published at 10:00 ET and are expected to contract by 1.4% m/m to an annualized 584k, while February FHFA new home prices are expected to rise by 0.4% m/m."