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, August 24, 2017

Today's Economy


Economic Roundup: U.S. Existing-Home Market Remains Tight

A decline in sales was matched by a decline in total listings.

Yellen Unlikely to Rock the Boat at Jackson Hole

She will likely stick to the script on the use of monetary policy to address financial imbalances.

German Economy Bounds Through Q2

GDP results due this week should confirm the preliminary estimate of a 0.6% expansion rate.

Canada Weekly: Net Worth Rises Again

The improvement follows a disappointing first half of 2016.

» VIEW MORE TODAY'S ECONOMY



Commentary


Latin America Economic Preview: 28 August - 1 September

Brazil's recovery moves ahead.

Malaysia Outlook: Fewer Jitters, More Stability

The country powered through the first half of 2017, but a slowdown will occur as tech passes its peak.

U.S. Housing Outlook: Millennials Have Reasons to Buy

Above-average returns in the communities most accessible to millennials will encourage homebuying.

Greece Outlook: Nearing the End of Its Odyssey

An improving economy and rising sentiment should return the country to stable economic growth.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Spain
GDP
2017Q2: 0.9%
Spain's real GDP gained 0.9% q/q, continuing to accelerate since the end of last year.

United Kingdom
GDP Expenditure Breakdown
2017Q2: 0.3%
The U.K.’s second estimate of GDP matched the original estimate of 0.3% q/q growth in the second quarter.

Hong Kong
Foreign Trade
Jul. 2017: -HK$29.6 bil
Hong Kong's trade deficit fell to HK$29.6 billion in July, from HK$48.3 billion in June.

United States
Jobless Claims
August 19: 234,000
Initial claims for unemployment insurance benefits provide further confirmation of a healthy labor market.

World
Moody's Analytics Global HPI
2017Q2: 5.9%
Global house price growth decelerated slightly in the second quarter on a nominal basis, but was very close to its first quarter growth rate.

United States
Existing-Home Sales
Jul. 2017: 5.44 mil
Existing-home sales fell 1.3% in July, though they are still up 2.1% year over year. The decline was led by a disproportionate decline in condo sales, though these are also still up year over year.

United States
St. Louis Fed Financial Stress Index
August 18: -1.48
U.S. financial market conditions tightened for the third straight week.

United States
MBA Delinquency Rates
2017Q2: 4.24%
Mortgage delinquency rates and foreclosures declined sharply in the second quarter, pointing to broad-based improvement in credit quality.

United States
Natural Gas Storage Report
August 18: 43 bil cubic feet
The build in natural gas inventories fell just shy of analyst expectations, which will put slight upward pressure on gas prices.

United States
Kansas City Fed Manufacturing Survey
Aug. 2017: 16
Manufacturing activity revved back up in the Kansas Federal Reserve District.

France
Job Seekers
Jul. 2017: 3.52 mil
The number of French job seekers increased to 3.52 million in July, the highest level in nearly a year, after falling to 3.48 million in June.

Argentina
Economic Activity Indicator
Jun. 2017: 4.0%
Slowly but surely, Argentina's economy is kicking into gear.

South Korea
Consumer Sentiment Index
Aug. 2017:

Japan
Consumer Price Index
Jul. 2017:

Singapore
Industrial Production
Jul. 2017:

» VIEW MORE ECONOMIC INDICATORS

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