US August NFIB small business optimism index 91.2 vs 93.7 prior

This erases the jump from the previous month and is the 32nd straight month that the index remains below its 50-year average of 98. Looking at the details, the most notable is a jump in the uncertainty index to 92 – up 2 points from July. That’s the highest reading since October 2020. It is perhaps a signal of volatility anticipation, especially with markets playing push and pull on Fed rate pricing and the elections coming up.

This article was written by Justin Low at www.forexlive.com.