Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Wednesday, May 24, 2017

Today's Economy


Economic Roundup: Fed Getting Its Ducks in a Row

Minutes show the central bank plans how, but not when, to begin normalizing its balance sheet.

U.S. Existing-Home Sales Slip for April

Residential investment is coming in light this quarter.

Economic Briefing: New Zealand Churns Out Another Trade Surplus

Concerns around Chinese debt weigh on currency and stocks.

Economic Roundup: Color Us Skeptical

Economic assumptions in Trump's budget seem too rosy.

» VIEW MORE TODAY'S ECONOMY



Commentary


Revisiting the Key Questions for 2017

Some of our projections for the U.S. economy are on track, others are not.

Euro Zone Outlook: Recovery Ramping Up

Moderating downside risks could change the ECB’s forward guidance.

Forecasters' Mailbag: Australia's Labour Market Conundrum

Record high underemployment is keeping wage growth subdued.

Time to Stop Overestimating Europe’s Political Risks

Threats of rising populism have receded in recent months.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Thailand
Monetary Policy
May. 2017: 1.5%
Improvements in external demand will not be enough to get the Bank of Thailand to change its policy settings in 2017.

Germany
Ifo Business Climate Index
May. 2017: 114.6
The German Ifo Business Climate Index hit an all-time high in May.

United States
MBA Mortgage Applications Survey
May 19: 4.4%
Mortgage applications were up last week, more than reversing the loss in the prior week.

United States
FHFA Purchase-Only House Price Index
Mar. 2017: 6.2%
The Federal Housing Finance Agency Purchase-Only House Price Index rose 6.2% on a year-ago basis in March, slightly slower than the previous month’s gain.

United States
Existing-Home Sales
Apr. 2017: 5.57 mil
Existing-home sales slipped in April, coming in 2.3% below the revised March total, though still 1.6% higher than in April 2016.

Canada
Monetary Policy
May. 2017: 0.5%
All is quiet on the northern front.

United States
Oil Inventories
May 19: 516.3 mil barrels
A larger than expected decline in crude oil inventories will put upward pressure on oil prices.

France
Job Seekers
Apr. 2017: 3.47 mil
France's joblessness declined in April, resuming 2016's trend of an improving labour market.

United States
FOMC Minutes
May. 2017:
The key in the minutes from the Federal Open Market Committee’s May meeting was that a consensus is being forged on how to shrink the central bank’s balance sheet.

South Korea
Monetary Policy
May. 2017:

» VIEW MORE ECONOMIC INDICATORS

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