Today's Economy Economic Roundup: Yellen Turns Less Dovish but not Fully Hawkish The Fed is on track to raise rates in the first half of the year. Yellen Shows a Little Love Her slightly more hawkish tone simply reflects the state the U.S. economy. Euro Zone Growth Failed to Fire at Year's End Eurostat revised down its Q4 GDP estimate to 0.4% from 0.5%. Economic Briefing: No Love for Equity Markets China’s price growth accelerated to start 2017. » VIEW MORE TODAY'S ECONOMY
Commentary Russia Outlook: Rebounding The economy is set to exit recession with a stronger banking sector, but weaknesses linger. U.S. Macro Outlook: Recession Is a Good Way Off Economic growth remains remarkably stable. Trump's Stamp on the Federal Reserve The president's appointments could be tasked to navigate the next recession. U.S. Employment Outlook: Payrolls Climbing There is little on the horizon that raises concerns of a weakening economy or recession. » VIEW MORE COMMENTARY
Today's Economic Indicators
India Wholesale Price Index Jan. 2017: 5.3% India's wholesale prices jumped sharply at the start of 2017 on the back of an uptick in fuel prices. Germany Preliminary GDP 2016Q4: 0.4% German output advanced 0.4% q/q in the fourth quarter after increasing 0.2% in the previous stanza. Germany Consumer Price Index Jan. 2017: 1.7% Germany's annual national measure of inflation accelerated to 1.7% in January, seasonally adjusted, from 1.6% in December. Italy Preliminary GDP 2016Q4: 0.2% Italy’s economy continued to expand in the final quarter of 2016. United Kingdom Consumer Price Index Jan. 2017: 1.8% The U.K. United Kingdom Producer Price Index Jan. 2017: 3.5% The U.K.'s output producer price index rose 3.5% y/y in the first month of this year, up from an upwardly revised 2.8% gain in the previous month. Germany ZEW Indicator of Economic Sentiment Feb. 2017: 10.4 Investor confidence in Germany retreated in February, dropping to 10.4 from 16.6 in January. Euro Zone Industrial Production Dec. 2016: -1.6% Euro zone industrial production was a letdown in December, contracting by 1.6% m/m and more than reversing the 1.5% jump in November. United States NFIB Small Business Survey Jan. 2017: 105.9 U.S. small business optimism unexpectedly improved in January, but the implications for growth are minor. Brazil Retail Sales Index Dec. 2016: -4.9% Retail demand contracted at the end of the year, as the recession showed signs of hitting bottom. Canada New Motor Vehicle Sales Dec. 2016: -2.9% The number of new vehicles sold in December fell by 21.4% from November to 128,352, with both new-car and new-truck sales declining. United States Producer Price Index Jan. 2017: 0.6% Domestic inflation pressures are building, and it could cause the Federal Reserve to begin jawboning expectations higher for a rate hike in either March or May. United States Moody’s Analytics Policy Uncertainty Index February 10: 69.5 U.S. economic policy uncertainty remains high but is headed in the right direction. China Foreign Direct Investment Jan. 2017: China Monetary Aggregates Jan. 2017: Indonesia Foreign Trade Jan. 2017: Canada Brookfield RPS House Price Index Jan. 2017: 9.0% House prices rose 0.1% in January across the 13 largest Canadian markets, causing year-ago price growth to slow to 9% from 9.6% in December. India Foreign Trade Jan. 2017: Chile Monetary Policy Feb. 2017: 3.25% Chile’s central bank maintained monetary conditions in the second month of the year, as inflation rebounded in January. South Korea Employment Jan. 2017: » VIEW MORE ECONOMIC INDICATORS |