Today's Economy Economic Roundup: Nothing More Than a Golf Clap The ECB should be encouraged, but not celebrate, latest labor market and inflation data. Mixed Messages in Fed's Senior Loan Officer Survey Banks ease lending standards on C&I but not for credit cards or autos. Mexico’s Economy Starts to Moderate Fiscal and monetary policies have tightened during the year. Economic Briefing: Chinese Manufacturing Loses a Little Steam Temporary factors, including poor weather, drove the office PMI down 0.3 point to 51.4 in July. » VIEW MORE TODAY'S ECONOMY
Commentary 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. Forecasters' Mailbag: Difficulty Breaking Japan's Deflation Mindset A less acknowledged problem is that households are anxious of inflation. U.S. Weekly Highlights and Preview, July 28, 2017 The focus will be on the core PCE deflator and employment as markets attempt to glean monetary policy implications. Europe Weekly Highlights and Preview, 28 July, 2017 We are confident that the euro zone economy gained momentum in the three months to June. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan Housing Starts Jun. 2017: 1.7% Japan's housing market is showing signs of slowing down after strong growth in 2016. Germany Retail Sales Jun. 2017: 1.1% German retail sales gained at the end of the second quarter, up 1.1% m/m from May, when they rose by 0.5%. Thailand Private Consumption Jun. 2017: 3% Consumption in Thailand is being supported by tourist spending. Thailand Foreign Trade Jun. 2017: US$2.9 bil Improving global conditions will support Thailand’s manufacturers throughout the rest of 2017. Italy Unemployment Jun. 2017: 11.1% Italy's unemployment rate has been fluctuating slightly above 11% since April. Euro Zone Preliminary Consumer Price Index Jul. 2017: 1.3% The euro zone's annual harmonized inflation remained unchanged at 1.3% in July from a month earlier. Euro Zone Unemployment Jun. 2017: 9.1% The euro zone’s unemployment rate beat the consensus and fell to 9.1% in June, from a downwardly revised 9.2% in May, its lowest reading since February 2009. United States Black Knight Home Price Index May. 2017: 6.1% House prices continue to rise at a brisk pace, according to the Black Knight Home Price Index. Canada Industrial Product and Raw Materials Price Indexes Jun. 2017: -1.0% Weaker energy prices sent both the Industrial Product Price Index and the Raw Materials Price Index lower in June. Chile Employment Jun. 2017: 7.0% The national unemployment rate averaged 7% in the April-June rolling quarter, up from 6.9% a year earlier. United States Pending Home Sales Jun. 2017: 110.2 The pending home sales index increased 1.5% on a seasonally adjusted basis in June, snapping its three-month losing streak, and rising above its level reached in April. World Moody's Analytics Survey of Business Confidence July 28: 31.40 Global business sentiment is firm and consistent with a global economy that is expanding at just over its potential. United States Texas Manufacturing Outlook Survey Jul. 2017: 16.8 Texas factory activity is rising strongly. South Korea Foreign Trade Jul. 2017: Thailand Industrial Production Jun. 2017: United States Senior Loan Officer Opinion Survey 2017Q3: -3.9% According to the Senior Loan Officer Opinion Survey, a modest net percentage of banks eased lending standards for commercial and industrial loans to large and medium-size firms during the second quarter. United States Agricultural Prices Jun. 2017: -0.1% Agricultural prices slipped a bit in June following May’s generous gain. Argentina Industrial Production - Advance Jun. 2017: 6.6% According to Argentina’s statistics office, Indec, industrial output expanded 6.6% y/y in June (NSA) after gaining 2.7% in May. South Korea Consumer Price Index Jul. 2017: » VIEW MORE ECONOMIC INDICATORS |