🎈 Economic Surprise Index: U.K. CESI Turns Negative, U.S. Falls The Most This Week
- Rosbel Durán
- Jun 20, 2022
- 1 min read
**As seen in Macro Walk report 06/18/2022, subscribe at cablefxmacro.co.uk/reports
The U.S. Citi Economic Surprise Index fell further into negative territory this week, down 15bps, the worst decline in the G10 W/W
U.K. CESI turned negative, meaning economic releases are printing worse than expected by economists
The U.K., U.S. and N.Z. are the only G10 countries to post negative prints in their respective CESIs
Important data seen last week:
N.Z. Q1 GDP Growth Rate
U.S. Retail Sales for May
U.K. Labour report and GDP Growth Rate
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