Today's Economy Economic Roundup: U.S. Consumer Steals Some of the Spotlight Real spending will post a strong gain this quarter, diverting some attention from the U.K. vote. Oil and the British Exit Crude's price rally will continue. Powell Sticks to the Fed's Playbook He stressed the uncertainty and risks associated with the U.K. referendum. Argentina's Current Account Deficit Narrows The trade account improved after the currency adjustment. » VIEW MORE TODAY'S ECONOMY
Commentary Russia Outlook: Economic Wounds Will Be Slow to Heal Closer ties with China may help, but won’t salvage the ailing economy. Canada Outlook: Cautious Optimism in Life After the Fires The Alberta blazes abated, but global uncertainty smolders on. Financial Market Turbulence: Past and Present This wouldn't be the first time in the current expansion that the U.S. economy weathers a period of stress. ASEAN Outlook: Growth Drags On Conditions in the region will improve in 2017 as global demand picks up. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States Moody's CMBS Delinquency Tracker May. 2016: 4.98% Moody’s Delinquency Tracker increased to 4.98% in May from 4.85% in April due to rising delinquent industrial loans. United Kingdom Nationwide Housing Price Index Jun. 2016: 5.1% The U.K. United Kingdom BoE Lending to Individuals May. 2016: £4.3 bil Total net lending to individuals climbed by £4.3 billion in May, up significantly from a £1.4 billion rise in the previous month. Euro Zone Business and Consumer Sentiment Jun. 2016: 104.4 The euro zone's economic sentiment indicator dipped to 104.4 in June from 104.6 in May. United States MBA Mortgage Applications Survey June 24: -2.6% Mortgage applications decreased last week, ceding the gains of the week before. Brazil Employment Situation May. 2016: 11.2% Brazil’s unemployment is high as the economy remains in recession. United States Personal Income May. 2016: 0.2% Wages and salaries provided less of a boost to personal income in May than in the previous month. United States PCE Deflator May. 2016: 0.2% U.S. inflation’s progress toward the Federal Reserve’s 2% target has slowed. United States Personal Spending May. 2016: 0.3% Spending growth remained healthy in May, although it retreated from April’s unsustainable pace as consumers continued to lead the economy, at least modestly. United States Pending Home Sales May. 2016: 110.8 The pending home sales index fell 3.7% on a seasonally adjusted basis to 110.8 in May, giving back most of April’s gain and breaking a string of three consecutive increases. United States Oil Inventories June 24: 526.6 mil barrels A drop in crude oil inventories nearly double analyst predictions will provide strong upward momentum for oil prices. United States Agricultural Prices May. 2016: 2.0% Agricultural prices rose by a fairly strong 2% from the previous month. Argentina GDP 2016Q1: 0.5% The Argentine economy expanded 0.5% y/y in the first quarter, after 2.2% in the previous quarter. South Korea Industrial Production May. 2016: South Korea Retail Sales May. 2016: United Kingdom Consumer Confidence Jun. 2016: Japan Industrial Production May. 2016: Thailand Industrial Production May. 2016: » VIEW MORE ECONOMIC INDICATORS |