Today's Economy Chile’s Structural Inflation Is Trending Up Prolonged money expansion is fueling core prices. Canada Weekly: Big Defense Spending Increases on the Way Government officials announced a 70% rise over the next 10 years. FOMC Preview: When a Rate Hike Is Uneventful The Fed will raise rates, but any guidance on the balance sheet would steal the spotlight. LatAm Weekly: Recovery Not at Hand The region’s turnaround will take time and is fraught with risks. » VIEW MORE TODAY'S ECONOMY
Commentary Europe Weekly Highlights and Preview, 9 June, 2017 We expect the BoE to stand pat and to look through a period of inflation in order to support the economy.
Latin America Economic Preview: 12-16 June Unemployment rises in Argentina and declines in Peru Asia-Pacific Weekly Highlights and Preview, 9 June, 2017 China’s economic momentum has likely peaked for now. Macro Roundup: Australia Stays the Course Latest data show little change in the economic trajectory of mildly below-trend growth. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia Industrial Production Apr. 2017: 4.1% Malaysia's industrial production growth decelerated to 4.1% y/y in April, from 4.5% in March. Japan Industry Activity Indexes Apr. 2017: 1.2% Momentum across Japan's service sector remains mixed. France Industrial Production Apr. 2017: -0.5% France's industrial production disappointed in April, down by 0.5% m/m, well below the consensus for a 0.2% rise. Germany Foreign Trade Apr. 2017: €19.8 bil Germany's trade surplus narrowed somewhat to €19.8 billion in April from a revised €19.9 billion in the previous month and €23 billion in April 2016. United Kingdom Industrial Production Apr. 2017: 0.2% U.K. industrial production was something of a disappointment in April, gaining only 0.2% m/m against our expectations of a sharper 0.7% rise. United Kingdom Foreign Trade Apr. 2017: -£10.4 bil The U.K. trade deficit for goods fell in April to £10.4 billion from a downwardly revised £12 billion in March, the smallest shortfall since October 2016. Brazil Consumer Price Index May. 2017: 3.60% Annual inflation has fallen well below target but remains within the lower range. Canada Industrial Capacity Utilization 2017Q1: 83.3% Industrial capacity utilization moved higher in the first quarter of 2017, driven by strength in manufacturing and construction. Canada Labor Force Survey May. 2017: 6.6% Employment growth revved back up in May. Mexico Industrial Production Apr. 2017: -4.4% Industrial production contracted in April, affected by the Easter celebration. Russian Federation Foreign Trade Apr. 2017: US$8.0 bil Russia’s merchandise trade surplus sank rapidly in April, falling to $8 billion from $12.6 billion in March. United States Wholesale Trade (MWTR) Apr. 2017: -0.5% Wholesale inventories took a large step back in April and may remain a drag on output in the second quarter. United States ECRI Weekly Leading Index June 02: 144.5 The U.S. expansion remains intact, supported by strong business and consumer sentiment, but gains will moderate as the expansion matures. » VIEW MORE ECONOMIC INDICATORS |