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, March 23, 2017

Today's Economy


Less Aggressive Anti-Trade Talk Benefits the Mexican Peso

The rhetoric shows moderation but not fatigue.

Weather Likely a Small Factor in February U.S. New-Home Sales

Unseasonable warmth appears to have helped only in the Midwest.

U.K. Retail Sales Boost Is No Reason for Cheer

February's rebound came after three months of declines, but the underlying trend is feeble.

BoJ Will Likely Slow Its Bond Purchases

The central bank is running out of Japanese government bonds to purchase.

» VIEW MORE TODAY'S ECONOMY



Commentary


Latin America Economic Preview: 27-31 March

Economies continue to underperform in Argentina, Chile and Mexico.

Malaysia Outlook: On the Mend

Bank Negara will keep rates steady through 2017 as inflation pressures gradually rise.

Italy Outlook: Expansion Despite Headwinds

Businesses seem sanguine, but the labour market still languishes.

Latin America’s Productivity Crisis

Barring sudden improvement, the region will face another decade of punctured expectations.

» VIEW MORE COMMENTARY



Today's Economic Indicators


France
Business Survey
Mar. 2017: 104.0
After an upbeat February number, which reached its highest since June 2011, manufacturing confidence in France shed 3 points in March and clocked in at 104, but remained above its long-term average of 100 since April 2011.

Taiwan
Industrial Production
Feb. 2017: 10.6%
Upbeat manufacturing will support Taiwan’s economy in the March quarter.

Taiwan
Domestic Trade
Feb. 2017: -8.4%
Taiwanese consumers tightened the purse strings after the Lunar New Year holiday.

United Kingdom
Retail Sales
Feb. 2017: 3.68%
U.K. retail sales surprised strongly on the upside in February, expanding by 1.4% m/m compared with our expectations of a much more modest 0.3% rise.

Germany
House Price Index
Feb. 2017: 10.3%
New-home prices rose 10.3% y/y in February, following a 10.4% gain in the previous month.

United States
Jobless Claims
March 18: 258,000
Initial claims for unemployment insurance benefits rose from 243,000 to 258,000 in the week ended March 18.

United States
St. Louis Fed Financial Stress Index
March 17: -1.33
The St.

United States
New-Home Sales
Feb. 2017: 592,000
Sales of new single-family homes are trending upward.

United States
Natural Gas Storage Report
March 17: -150 bil cubic feet
Natural gas stocks fell roughly in line with analyst expectations, which will have little effect on prices.

United States
Kansas City Fed Manufacturing Survey
Mar. 2017: 20
Manufacturing activity in the Kansas City Federal Reserve District is surging.

South Korea
Consumer Sentiment Index
Mar. 2017:

New Zealand
Foreign Trade
Feb. 2017:

Uruguay
GDP
2016Q4:

» VIEW MORE ECONOMIC INDICATORS

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