Michigan consumer preliminary sentiment for July due at the top of the hour

<p>The Michigan preliminary consumer sentiment for July will be released at the top of the hour. Expectations show:</p><ul><li>consumer sentiment 65.5 versus 64.4 last month</li><li>conditions at 70.4 versus 69.0 last month</li><li>expectations 61.8 versus 61.5 last month</li></ul><p>The inflation last month:</p><ul><li>1-year inflation expectations of 3.3%</li><li>5-year inflation expectations of 3.0%</li></ul><p>The one-year inflation expectations in May were at 4.2%. The decline was significant. For the 5-year inflation next, it moved modestly lower from 3.10% to 3.0% last month</p>

This article was written by Greg Michalowski at www.forexlive.com.