| Today's Economy
Italy’s Bank Rescue Eases Systemic Risk Intesa Sanpaolo will acquire the good assets of Banca Popolare di Vicenza and Veneto Banca. Asia's Tech Cycle Appears to Have Peaked Although demand has cooled, performance is still robust. Economic Briefing: France's Convalescing Labour Market French labour market reforms should start bearing fruit; U.S. durable goods likely struggled in May. Economic Roundup: Encouraging News on U.S. New-Home Sales The trend suggests demand remains solid. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: April Showers Bring May Flowers for Housing Spring selling doesn't appear hurt too much by past increases in mortgage rates. U.S. State and Local Outlook: A Tough Budget Season Pensions and Medicaid are the problem, and the structural pressures are set to worsen. U.S. Weekly Highlights and Preview, June 23, 2017 Fed finding it difficult to hit 2%. Macro Roundup: New Zealand Cruises Along Domestic inflation pressures are subdued, and the central bank will keep rates steady for another year. » VIEW MORE COMMENTARY
Today's Economic Indicators
Hong Kong
Foreign Trade
May. 2017: -HK$35.6 bil
Hong Kong's trade balance fell to -HK$35.6 billion in May after -HK$34.1 billion in April. United States
Chicago Fed National Activity Index
May. 2017: -0.26
The pace of U.S. growth slowed in May. United States
Durable Goods (Advance)
May. 2017: -1.1%
New orders for durable manufactured goods disappointed for the second consecutive month, decreasing 1.1% in May. Mexico
Economic Activity Index
Apr. 2017: -0.7%
Economic activity decelerated significantly in April, additionally affected by the negative seasonal effect of Easter. Mexico
Employment Situation
May. 2017: 3.56% Unemployment
Mexico’s unemployment increases in May as the economy remained underperforming. Uruguay
GDP
2017Q1: 4.3
Uruguay GDP took another step forward in the first quarter, with annual growth at 4.3%. World
Moody's Analytics Survey of Business Confidence
June 23: 33.6
Global business sentiment was a bit on the soft side last week, but abstracting from the temporary ups and downs in the weekly survey responses, confidence has been strong and steady since before last year’s presidential election. United States
Texas Manufacturing Outlook Survey
Jun. 2017: 15.0
Current Texas factory activity decelerated in June but continues to expand. France
Job Seekers
May. 2017: 3.49 mil
The number of French job seekers increased to 3.49 million in May, and the latest number is a clear disappointment. South Korea
Consumer Sentiment Index
Jun. 2017:
New Zealand
Foreign Trade
May. 2017:
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