US June NFIB small business optimism index 91.5 vs 90.5 prior

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US June NFIB small business optimism index 91.5 vs 90.5 prior

This marks the highest reading since December last year, although the trend remains that it has been 30 consecutive months since the index has been above its long-term average of 98. With the US elections coming up in the months ahead, I wouldn't anticipate too strong a bounce in sentiment given the relative uncertainty. That alongside some softness already evident in the jobs market.

                This article was written by Justin Low at www.forexlive.com.

Source: US June NFIB small business optimism index 91.5 vs 90.5 prior

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