
At 14:30 (GMT+2), the US will publish May data on the change in the consumer confidence index from the University of Michigan. The indicator is calculated monthly based on a telephone survey of at least 500 US households and records consumer spending, which is part of economic activity. If the value increases from 0.1% MoM and from 2.1% YoY, and the core indicator from 0.1% and 2.5%, respectively, this may affect the rhetoric of the US Fed on the issue of adjusting monetary policy.

