US December consumer confidence 104.7 vs 113.3 expected

• Prior was 111.7 (revised to 112.8)
• Present Situation Index 145.2 vs. 140.9 prior
• Expectations Index 81.1 vs 92.3 prior
• 12-month inflation expectations vs 4.9% prior

This is a big disappointment and lands at the peak of shopping season.

This article was written by Adam Button at www.forexlive.com.