On April 25, 2025, the University of Michigan released the final reading of Michigan Consumer Sentiment report for April. The report indicated that Consumer Sentiment decreased from 57.0 in March to 52.2 in April, compared to analyst forecast of 50.8.
Current Economic Conditions declined from 63.8 in March to 59.8 in April, while Index of Consumer Expectations pulled back from 52.6 to 47.3.
Year-ahead inflation expectations increased from 5.0% in March to 6.5% in April, reaching the highest level since 1981. Long-run inflation expectations grew from 4.1% to 4.4%.
The University of Michigan commented: “Consumers perceived risks to multiple aspects of the economy, in large part due to ongoing uncertainty around trade policy and the potential for a resurgence of inflation looming ahead.”
U.S. Dollar Index settled near the 99.60 level as traders reacted to Consumer Sentiment data. The Index remains stuck below the psychologically important 100.00 level amid tariff uncertainty.
Gold settled near session lows at $3285 after the release of the report. Gold traders continue to take profits after the strong rally.
SP500 gained some ground after the release of the better-than-expected Michigan Consumer Sentiment report. Currently, SP500 is trying to settle above the 5500 level. Traders stay bullish amid hopes for a trade deal between the U.S. and China.
For a look at all of today’s economic events, check out our economic calendar.
Vladimir is an independent trader, with over 18 years of experience in the financial markets. His expertise spans a wide range of instruments like stocks, futures, forex, indices, and commodities, forecasting both long-term and short-term market movements.