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.

Wednesday, March 29, 2017

Today's Economy


Economic Roundup: No Going Back Now for the U.K.

Britain triggers Article 50 to begin process of leaving the EU..

Trump's Order Won't Stop the Shift From Coal

Coal’s decline is largely due to automation and high costs rather than regulation.

It's Bye-Bye Britain as U.K. Formally Declares Exit Intentions

The divorce letter adopts a softer stance, but the EU's response will likely still be tough.

Economic Briefing: Japan’s Consumer Spending Slows

Pending homes sales in the U.S. will likely bounce back in February.

» VIEW MORE TODAY'S ECONOMY



Commentary


Spain Outlook: On the Cusp of Expansion

Growth bests the euro zone average, but risks are weighted to the downside.

Colombia Outlook: Growing Below Capacity

Deteriorating confidence and restrictive policies take a toll.

New Zealand Outlook: Sitting Pretty

The economy is in its eighth year of uninterrupted growth.

A Slow Death for King Coal

Natural gas will have the final say in the coal industry’s outlook, not Washington.

» VIEW MORE COMMENTARY



Today's Economic Indicators


France
Consumer Confidence
Mar. 2017: 100
France's consumer confidence remained at its long-term average of 100 in March, a little below the Moody’s Analytics forecast, after reaching that value already in January.

Thailand
Monetary Policy
Mar. 2017: 1.5%
Thailand’s central bank will maintain its current policy stance until 2018, as concerns about private debt levels prevent it from easing further.

Italy
Consumer and Business Confidence
Mar. 2017: 105.1
Italy’s business confidence continued to improve, while consumer confidence reversed previous losses and rose in March as well.

United Kingdom
BoE Lending to Individuals
Feb. 2017: £4.9 bil
Total net lending to individuals increased by £4.9 billion in February following a £4.8 billion rise in January, now reading a little above the previous six-month average. The driver of the improvement was a small rebound in lending secured on dwellings, which had significantly slowed in January, while consumer credit eased somewhat on the back of slower growth in personal loans.

United States
MBA Mortgage Applications Survey
March 24: -0.8%
Mortgage applications were down last week despite a favorable movement in interest rates.

United States
Pending Home Sales
Feb. 2017: 112.3
The pending home sales index rose 5.5% on a seasonally adjusted basis in February, gaining back all of January’s losses and hitting its highest level since the first quarter of 2016.

United States
Oil Inventories
March 24: 534.0 mil barrels
An increase in oil inventories roughly in line with analyst expectations will have little effect on crude prices.

» VIEW MORE ECONOMIC INDICATORS

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