CB Consumer Confidence increased from 95.2 in June to 97.2 in July.
On July 29, 2025, the U.S. released JOLTs Job Openings report for June. The report indicated that JOLTs Job Openings decreased from 7.712 million in May to 7.437 million in June, compared to analyst forecast of 7.55 million.
Traders also had a chance to take a look at CB Consumer Confidence report for July. The report indicated that CB Consumer Confidence increased from 95.2 (revised from 93.0) in June to 97.2 in July, compared to analyst forecast of 95.8.
The Present Situation Index declined from 133 in June to 131.5 in July, while the Expectations Index increased from 69.9 to 74.4.
The Conference Board commented: “In July, pessimism about the future receded somewhat, leading to a slight improvement in overall confidence.”
U.S. Dollar Index climbed above the 99.00 level as traders focused on the reports. From a big picture point of view, the American currency continues to move higher as traders focus on recent trade deals.
Gold settled near the $3315 level after the release of the economic reports. U.S. dollar’s rally continues to put pressure on gold markets.
SP500 pulled back towards the 6400 level as traders reacted to the weaker-than-expected JOLTs Job Openings report.
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.