| Today's Economy
Economic Roundup: U.S. Labor Market Motors Along ADP showed a solid gain in private employment, while vehicle sales put Q3 GDP tracking 2.7%. Expect No Action From the BoE Tomorrow Nothing warrants a tightening in monetary policy just yet. A Few Potholes Ahead for U.S. Vehicle Industry Stronger sales may be needed to prevent manufacturers from cutting production. Economic Briefing: Same Old Story for Japanese Consumers Don't be fooled by New Zealand's lower unemployment rate. » VIEW MORE TODAY'S ECONOMY
Commentary
Complacency and U.S. Financial Markets In the end, complacent markets are not likely to cause the next correction in equity prices. Russia’s Paradox of Plenty Russia is turning the corner, but the economy needs to wean itself off oil. Beyond the Headline Full Employment Debate A few key conditions have yet to be checked off. U.S. Chartboook: Good but Not Great Second quarter GDP came in a touch less than expected, but the details set up better for Q3. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan
Consumer Confidence
Jul. 2017: 43.8
Japan's consumer confidence rose on the back of an increase in wages in May and June. Euro Zone
Producer Price Index
Jun. 2017: 2.5%
Euro zone producer prices slid by 2.5% y/y in June after an increase of 3.3% y/y in May, as the influence of low energy prices diminished. United States
MBA Mortgage Applications Survey
July 28: -2.8%
Mortgage applications fell last week, even as most interest rates held steady or increased only modestly. United States
ADP National Employment Report
Jul. 2017: 178,000
The labor market engine is running smoothly. India
Monetary Policy
Aug. 2017: 6.00%
Normal monsoon rains have spurred the Reserve Bank of India to cut interest rates. Chile
Retail & Wholesale Sales
Jun. 2017: 3.1%
Chile’s commercial activity index posted a solid gain in June as consumer demand held strong in the face of flagging economic growth. United States
Risk of Recession
Jun. 2017: 9%
The expansion is likely getting long in the tooth, but it’s not in serious jeopardy. United States
ISM - NY Report
Jul. 2017: 62.8
Business conditions are strong in New York City, but a number of warning signs are emerging, according to the July New York City ISM Report on Business. United States
Oil Inventories
July 28: 481.9 mil barrels
A smaller than expected decline in crude oil inventories will put downward pressure on prices. Russian Federation
Reserve Fund
Aug. 2017: RUB1.01 tril
With the economy in recovery, the Russian reserve fund is making strong gains. Australia
Foreign Trade
Jun. 2017:
» VIEW MORE ECONOMIC INDICATORS | 