At 16:00 (GMT+2) the Conference Board’s Consumer Confidence Index for May will be published in the US. It is calculated based on a survey of 5K American households and considers their vision of the current and future economic situation. It is a leading indicator that predicts consumer spending that is part of economic activity. High numbers indicate consumer optimism. It is expected that the value will decrease from 101.3 points to 99.0 points. Implementation of the forecast may put pressure on the US dollar.
