Today's Economy Economic Roundup: Encouraging Sign in October Global PMIs The global economy appears to have gathered some momentum. Socialists Vote to End Spain’s 10-Month Political Deadlock The new minority government will grapple with deficit reduction and Catalonia’s plans to secede. Euro Zone PMIs Bring a Welcome October Surprise A rebound in manufacturing led to a pickup in growth at the start of Q4. Economic Briefing: Japan’s Trade Performance Improves, for Now Asian bourses rise to start the week. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Industrial Output, Housing Struggle to Inspire A steady pickup in core inflation and wage growth keep a December rate hike on the table. U.S. Weekly Highlights and Preview, October 21, 2016 GDP and ECI should build Fed's case to raise rates in December. The Economics of Helicopter Money in Japan There is uncertainty around the impact of the central bank financing fiscal stimulus. Britain's Trade Deal Must Make the Best of Bad Options If it wants to control immigration, the U.K. may have to settle for a less favourable trade deal. » VIEW MORE COMMENTARY
Today's Economic Indicators
Taiwan Domestic Trade Sep. 2016: 2.2% Taiwanese consumption ended the third quarter on an upbeat note as the economy emerges from its slump. Taiwan Industrial Production Sep. 2016: 5% Taiwanese manufacturing continues to expand on stronger export demand. United States Chicago Fed National Activity Index Sep. 2016: -0.14 U.S. economic growth improved in September because of a strong recovery in production-related indicators. Canada Wholesale Trade Aug. 2016: 0.8% Wholesale sales rose 0.8% to C$56.8 billion in August, a fifth consecutive monthly gain. Mexico Employment Situation Sep. 2016: 4.1% Unemployment U Euro Zone Conference Board Leading Indicators Sep. 2016: 107.5 The Conference Board Leading Economic Index for the euro zone rose to 107.5 in September, an increase of 0.3 point, or 0.1%, from August's level before revisions. World Moody's Analytics Survey of Business Confidence October 21: 29.3 The U.S. presidential election has had little impact on business sentiment. South Korea GDP 2016Q3: » VIEW MORE ECONOMIC INDICATORS |