U.S Consumer Sentiment Sinks For June
German business confidence is increasing while U.S. consumer sentiment sink
Uk’s 2 quarter economic growth was almost twice as fast as expected, the strongest in four years.Its growth was closer to 4.4 percent at an annualized rate.This growth was led by private sector that specially in construction and services.Meanwhile, economists have steadily marked down forecasts for Friday’s U.S. gross domestic product report.
India (129 index points), Indonesia and Vietnam (both 119 index points) were the most optimistic nations in Q2, while consumer confidence in Spain plummeted by 10 index points to its lowest level on record at 69 index points from 79 in Q1 of this year.According to analysts at reuters U.S. growth slowed to a 2.5 percent annual rate in the second quarter, down from 2.7 percent in the first quarter and 5.6 percent in the final quarter of last year.
In contrast, U.S. consumer confidence fell sharply in July.