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.

Thursday, October 26, 2017

Today's Economy


Economic Roundup: ECB Attempts and Succeeds at the Dovish Taper

Asset purchases will be smaller but could last longer.

Final Thoughts Ahead of Q3 U.S. GDP

We look for growth of 3.4% at an annual rate.

ECB Reduces Stimulus, but Manages to Talk Down the Euro

Draghi's dovish stance reassured the markets that QE isn't likely to stop abruptly.

Economic Briefing: ECB to Clarify Path

The ECB prefers the slow and steady approach to normalization; Weak inflation is a catalyst.

» VIEW MORE TODAY'S ECONOMY



Commentary


Latin America Economic Preview: 30 October - 3 November

Industry improves in Argentina, Brazil and Chile.

Asia-Pacific Weekly Highlights and Preview, 27 October 2017

A suite of Japan’s September activity data will likely show promising signs.

Indonesia Outlook: Consumption Is the Stubborn Laggard

The central bank has shifted focus to the external risks from recent monetary easing.

Anatomy of a NAFTA Deal

A more reasonable content rule is key to a new bargain among the U.S., Canada and Mexico.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Singapore
Industrial Production
Sep. 2017: 14.6%
Industrial production grew 14.6% y/y in September after a 19.5% rise in August (after revisions).

Spain
Unemployment
2017Q3: 16.4%
Spain’s unemployment rate shed an impressive 0.8 percentage point to 16.4% in the third quarter, improving from 18.8% at the beginning of the year.

Euro Zone
Monetary Aggregates
Sep. 2017: 5.1%
The seasonally adjusted annual growth of the broader monetary aggregate M3 accelerated marginally to 5.1% y/y in September.

Italy
Consumer and Business Confidence
Oct. 2017: 109.1
Italy's economy is headed for a strong second half of the year.

Hong Kong
Foreign Trade
Sep. 2017: -HK$44.7 bil

Germany
Ifo Business Climate Index
Oct. 2017: 116.7
The German Ifo Business Climate Index recovered in October, rising to 116.7 after falling to 115.3 in September, and reaching a new record high.

Euro Zone
Monetary Policy
Oct. 2017: 0.0%
The European Central Bank delivered on its promise and announced how it plans to unwind its quantitative easing programme.

Canada
Earnings, Hours and Employment
Aug. 2017: 1.7%
Improvement in the Canadian labor market accelerated in August.

United States
Advance Wholesale and Retail Inventories
Sep. 2017: 0.3%
Stockpile growth moderated in September but remains on track to add to third quarter output.

United States
International Trade in Goods - Advanced
Sep. 2017: -$64.1 bil
Trade was less supportive for growth at the end of the third quarter.

United States
Jobless Claims
October 21: 233,000
Despite recent volatility in initial claims for unemployment insurance benefits, the labor market is in good health, and layoffs remain low.

Mexico
Trade Balance
Sep. 2017: -US$1,886.4 mil
The trade account remains in negative territory despite the advance of exports.

United States
St. Louis Fed Financial Stress Index
October 20: -1.57
Financial stress conditions decreased slightly to -1.57 for the week ended October 20.

United States
Pending Home Sales
Sep. 2017: 106
The pending home sales index was unchanged from the previous month’s values in September on a seasonally adjusted basis.

United States
Natural Gas Storage Report
October 20: 64 bil cubic feet
The increase in natural gas inventories was in line with what industry analysts were expecting and will have little effect on natural gas prices.

United States
Kansas City Fed Manufacturing Survey
Oct. 2017: 23
Midwest manufacturing revved up in October.

South Korea
Consumer Sentiment Index
Oct. 2017:

Japan
Consumer Price Index
Sep. 2017:

Singapore
Employment
2017Q3:

» VIEW MORE ECONOMIC INDICATORS

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