| Today's Economy
Economic Roundup: Time Is on the Fed's Side The central bank doesn't need to commit now to when the balance sheet will begin to normalize. July Could Be Difficult for U.S. Auto Manufacturing Production schedules point toward a sizable decline. Changing Mix of U.S. Growth in Q2 GDP is now tracking 2.7%; residential investment and inventories will be a drag. Google Trends, China Housing The search tool is a useful barometer of interest in the housing market and future price growth. » VIEW MORE TODAY'S ECONOMY
Commentary
Global Outlook: Gaining Momentum Expansions should strengthen in the second half of the year as business cycles synchronize. Macro Roundup: Demystifying the Euro Zone's Low Inflation The structural break in the labour market is undermining demand-led inflation. U.S. Weekly Highlights and Preview, June 30, 2017 Unemployment likely rose in June but for the right reason. Macro Roundup: Japan Maintains Momentum Despite Issues The economy is set for an expansion despite hiccups. » VIEW MORE COMMENTARY
Today's Economic Indicators
Thailand
Monetary Policy
Jul. 2017: 1.5%
Monetary policy in Thailand is unlikely to change in the next 12 months. United States
Vehicle Sales - AutoData
Jun. 2017: 16.5 mil, SAAR
After three consecutive months of sales below a 17 million-unit seasonally adjusted annualized rate, U.S. vehicle sales again fell below this threshold, coming in at 16.51 million units SAAR. Taiwan
Consumer Price Index
Jun. 2017: 1%
Taiwan's headline inflation accelerated to 1% y/y in June from 0.6% in May on the back of higher food prices. Euro Zone
Retail Sales
May. 2017: 0.4%
Retail sales in the euro zone came in line with the consensus in May, rising 0.4% m/m and building on a 0.1% increase in April. United States
CoreLogic Home Price Index
May. 2017: 6.6%
The CoreLogic Home Price Index rose 6.6% on a year-over-year basis in May for its 64th straight month of year-over-year growth. Chile
Monthly Economic Activity Indicator
May. 2017: 1.3%
Chile’s economic activity rebounded in May after it was slowed in the previous month by the timing of Easter. United States
ISM - NY Report
Jun. 2017: 55.5
Conditions in New York City bounced back in June, according to the New York City ISM Report on Business. United States
Risk of Recession
May. 2017: 11%
The expansion is getting long in the tooth, but it’s not in serious jeopardy. World
Moody's Analytics Survey of Business Confidence
June 30: 32.8
Global business confidence remains strong and remarkably stable, as it has been since before last year’s U.S. presidential election. United States
Factory Orders (M3)
May. 2017: -0.8%
Factory production took another step back in May, after modestly retreating in April. United States
Moody’s Analytics Policy Uncertainty Index
June 30: 106.9
Policy uncertainty remains elevated and is unlikely to improve noticeably soon. United States
FOMC Minutes
Jun. 2017:
The Federal Reserve has a plan to reduce the size of its balance sheet but lacks a consensus on the timing of when to begin this process. Uruguay
Consumer Price Index
Jun. 2017: 5.3%
Consumer prices decelerated in June. Australia
Foreign Trade
May. 2017:
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