The University of Michigan preliminary consumer sentiment for March will be released at the top of the hour. The sentiment has seen a sharp for over the last few months from a high of near 74 to a low of 64.7. Meanwhile the one-year inflation has also moved sharply higher from 2.6% in November 2024 to 4.3% last month.

The expectations show:

  • Sentiment preliminary 63.1 versus 64.7 last month
  • Current conditions 65.0 versus 65.7 last month
  • Expectations 64.3 versus 64.0 last month
  • 1-year inflation last month 4.3%
  • 5 year inflation last month 3.5%

Heading into the release (9:56 AM ET)

  • Dow +421 points or 1.03%
  • S&P +76.2 or 1.38%
  • Nasdaq +300.61 points or +1.74%
  • 2 year 3.983%
  • 5 year 4.064%
  • 10 year 4.308%
  • 30 year 4.630%
Source: Forex Live