U.S. Consumer Confidence Dips in March

• U.S. Consumer Confidence Dips in March

U.S. consumer confidence dipped in March as trade tensions and economic outlook softened, the New York-based conference board reported on Tuesday.

The Consumer Confidence Index declined from the revised 130 in February to 127.7 in March. Experts had predicted 131 but weak economic uncertainty continued to weigh on U.S. consumer confidence.

Despite the easing trade tension between the U.S and China, the expulsion of 60 Russian diplomats from the U.S. following the attack on an ex-spy in the English city of Salisbury, still cloud global financial markets.

However, the U.S. dollar gained against the Euro common currency.