Today's Economy LatAm Weekly: Venezuela Ousted From Trade Bloc The move improves trade prospects for Mercosur but further isolates the struggling country. Wholesale Inventories Boost Q3 U.S. GDP at the Expense of Q4 Third quarter growth is now tracking 3.4%. FOMC Preview: The Time Has Come Again We expect a Fed hike but no material changes to interest-rate and economic projections. Canada Weekly: Waiting for the Right Moment The central bank holds rates low amid a heated housing market and improving international trade. » VIEW MORE TODAY'S ECONOMY
Commentary Europe Weekly Highlights and Preview, 9 December, 2016 Coming data will likely confirm the accelerating pace of inflation. Macro Roundup: Australia’s Weak GDP Data Unlikely to Prompt Easing Risk of recession remains low, with Q4 growth likely to rebound. Latin America Economic Preview: 12-16 December Mexico tightens monetary policy, but it is unchanged in Chile, Colombia and Peru. Asia-Pacific Economic Preview: 11-16 December The worst is over for China's economy. » VIEW MORE COMMENTARY
Today's Economic Indicators
Germany Foreign Trade Oct. 2016: €20.5 bil Germany's trade surplus narrowed to €20.5 billion in October from a revised €21.1 billion in the previous month. France Industrial Production Oct. 2016: -0.2% France's industrial production continues to underwhelm. After an already-downbeat September number, production shed 0.2% m/m seasonally adjusted in October and fell 1.8% in annual terms. Brazil Consumer Price Index Nov. 2016: 6.99% Annual inflation continues to decline quickly as price increases moderate and the comparison base benefits the growth rate. United Kingdom Foreign Trade Oct. 2016: -£9.7 bil The U.K. trade balance for goods was in deficit by £9.7 billion in October, shrinking from a revised £13.8 billion shortfall in the previous month. United States University of Michigan Consumer Sentiment Survey Dec. 2016: 98.0 Consumer sentiment climbed in the preliminary December report from the University of Michigan, primarily buoyed by improving personal finances and financial expectations. United States Wholesale Trade (MWTR) Oct. 2016: -0.4% The inventory build is winding down. United States ECRI Weekly Leading Index December 02: 143.2 The U.S. economy will expand in the coming quarters. » VIEW MORE ECONOMIC INDICATORS |