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 |