OctaFX | OctaFX Forex Broker
Open trading account
Back

US: IBD/TIPP Economic Optimism Index drops to fresh 13-month low of 52.3 in January

"The IBD/TIPP Economic Optimism Index slipped three-tenths of a point to 52.3 in early January, the lowest since December 2017," Investor's Business Daily reported on Tuesday.

Key takeaways from the press release

  • The government shutdown helped drag the overall index lower as confidence in federal economic policies fell to the lowest point since June.
  • The Economic Optimism Index remains modestly positive, above the neutral 50 level. 
  • The six-month outlook gauge for the economy rose four-tenths of a point to 46.8, after sliding 6.8 points in December.
  • The six-month personal financial outlook index rose two-tenths of a point to 61.0.

Breaking: GBP/USD stops triggered and breaks below 1.2800 ahead of Brexit vote

GBP/USD is falling below 1.28 the figure as stops are triggered and liquidity is diminished ahead of the Brexit vote as traders who prefer to trade th
Read more Previous

GBP/JPY retreats from 2-week highs ahead of Brexit vote as pound slides

The GBP/JPY pair reversed sharply from the highest level in two weeks and dropped reaching the lowest since last Friday. The move to the downside took
Read more Next
Start livechat