#USConsumerConfidence #USConsumerConfidence A mixed bag indeed . This indicator usually has an immediate effect on united states dollar index as well as Gold . A lot of volatility and capital flow on gold is normally witnessed when the CCI news is released . The rest of the market also responds to the news . It must be noted however that the news impact of Non Farm Payrolls NFP is usually greater than that of CCI . However in some instances , certain investors have had to wait up after NFP , and market movements of both pieces of news being experienced the most when the later finally gets released . The CCI normally gauges US consumers confidence in the economy . A good example is that a confident consumer is likely to use their savings to buy a house , or is likely to invest in stocks of US companies or better till just save their money s cash or invest it in some bank or investment instrument inside the same country . If consumers have less confidence in the economy , they are likey to resort to alternative securities . These alternatives may include options such as commodities ( with gold normally taking center stage ) , silver , oil among others. Cryptos particularly those expected to become stronger over time have also become another significant alternative . A drop in CCI is often will result in investors turning to some cryptos especially those with potential to rise