| Today's Economy
Economic Roundup: Yellen Plays the Two-Handed Economist Well The Federal Reserve chair appears to favor a rate hike later this year, but inflation is key. Hurrricanes Still Leaving Their Mark on U.S. Economic Data New-home sales and consumer confidence drop. Colombia's External Deficit Shrinks in First Half The slight improvement this year might be temporary. Geopolitical Instability Returns to the Oil Market If OPEC doesn’t boost production next year, Brent could finally break out of its $45 to $55 range. » VIEW MORE TODAY'S ECONOMY
Commentary
U.K. Outlook: BoE Should Resist Raising Rates in November Wage growth remains subpar, and the jump in inflation will prove temporary. U.S. Chartbook: Central Banking Isn’t Easy Unwinding the FOMC’s balance sheet has implications for real estate markets, household wealth and trade. U.S. Consumer Outlook: More Uncertainty Ahead Income growth and hurricane rebuilding will be important supports, but risks are large. U.S. Weekly Highlights and Preview, September 22, 2017 Incoming data will provide clues on third quarter U.S. GDP growth but the hurricanes add considerable uncertainty. » VIEW MORE COMMENTARY
Today's Economic Indicators
Singapore
Industrial Production
Aug. 2017: 19.1%
Singapore's industrial production surprised on the upside and rose by 19.1% y/y in August, from a 21.2% gain in July. Hong Kong
Foreign Trade
Aug. 2017: -HK$35.5 bil
Hong Kong's trade deficit widened to HK$35.5 billion in August, from a HK$29.6 billion deficit in July. Germany
Ifo Business Climate Index
Sep. 2017: 115.2
The German Ifo Business Climate Index retreated further in September, dipping to 115.2 after falling to 115.9 in August. United States
State Personal Income
2017Q2: 0.7%
State personal income growth backtracked a bit in the second quarter. Mexico
Employment Situation
Aug. 2017: 3.53 %
Unemployment increased mildly in August as the economy moderated further. United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Jul. 2017: 5.8%
Existing-home price appreciation accelerated in the three months ended in July compared with the same period in June. United States
New-Home Sales
Aug. 2017: 560,000
Sales of new homes slipped again in August, falling 3.4% below the revised July total and also down by 1.2% from August 2016. United States
Conference Board Consumer Confidence
Sep. 2017: 119.8
Consumer confidence edged lower in September, but it remains solid. United States
Richmond Fed Manufacturing Survey
Sep. 2017: 19
The good times continue for manufacturers in the Richmond Federal Reserve District, with the composite index increasing to 19 in September. United States
Moody’s Analytics Policy Uncertainty Index
September 22: 83.3
Policy uncertainty appears to be edging higher. France
Job Seekers
Aug. 2017: 3.54 mil
The number of French job seekers increased to 3.54 million in August after rising to 3.52 million in July. » VIEW MORE ECONOMIC INDICATORS | 