Today's Economy Economic Roundup: Why Wait? Yellen signals Fed will raise rates in March but adds a small qualifier. Yellen Signals Rate Hike This Month The Fed chair tipped the FOMC's hand, and we are changing our forecast. LatAm Weekly: Samba Time Carnival celebrations give Brazil a temporary boost. Euro Zone Businesses Show Broad-Based Improvement PMIs suggest that growth will accelerate to 0.6% q/q in the first quarter. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, March 3, 2017 The Fed sends a clear signal of its intention to raise rates this month. Macro Roundup: Upside Surprises Unlikely to Last in Australia and India GDP growth will likely moderate as both economies face stiffer crosswinds. Macro Roundup: Nordic Economies Steer Different Courses Sweden sailed through, while Norway and Denmark had a bumpier ride. Europe Weekly Highlights and Preview, 3 March, 2017 No surprises expected in euro zone GDP. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan Consumer Confidence Feb. 2017: 43.1 Consumer confidence remains pessimistic in Japan, despite improving over the past few months. United States Semiconductor Billings Jan. 2017: Germany Retail Sales Jan. 2017: -0.8% German retail sales shed 0.8% m/m in January, following a revised no change a month earlier. Italy GDP 2016Q4: 0.2% Italy’s economy continued to expand in the final quarter of 2016, but its growth moderated. Euro Zone Retail Sales Jan. 2017: -0.1% Retail sales in the euro zone disappointed again in January, shedding 0.1% m/m following an already-weak 0.5% decline in December. United States ECRI Future Inflation Gauge Feb. 2017: United States ISM Nonmanufacturing Index Feb. 2017: 57.6 Survey-based data suggest that growth both accelerated and broadened this quarter, but this is not being corroborated by the hard data. United States ECRI Weekly Leading Index February 24: 145.4 The U.S. economy is heading in the right direction, but gains will likely slow as the economy approaches full employment. Uruguay Consumer Price Index Feb. 2017: 7.1% Uruguayan inflation continued to moderate in February, falling to 7.1% from January’s 8.3% reading. » VIEW MORE ECONOMIC INDICATORS |