FX & CFD trading involves significant risk
CIBC says Mar's confidence drop was "a sign that rising gasoline prices, and a range of other uncertainties are taking a toll on the consumer." Decline came fter five increases and "reflected a sharp decline in the expectations subcomponent to 81.1 from 97.5 which more than offset a modest 3 point increase in consumers' assessment of their present situation. In a sign higher gasoline prices may be taking a toll on a sector that has shown recent strength, auto buying plans eased."
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.