| Today's Economy
Economic Roundup: New-Home Sales Dip Spurs Questions Potential buyers in July may have been deterred by higher prices. U.S. Home Sales Off to a Poor Start in Q3 New-home sales dropped in July and existing-home sales will likely follow. Spain Now Set for a Stellar 2017 Preliminary estimates confirmed another quarter of above-trend growth. Market Relief After Argentina’s Primary Elections The voting results gave a boost to President Macri’s agenda. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Housing Outlook: Millennials Have Reasons to Buy Above-average returns in the communities most accessible to millennials will encourage homebuying. Greece Outlook: Nearing the End of Its Odyssey An improving economy and rising sentiment should return the country to stable economic growth. Peru Outlook: After the Flood The economy will strengthen, but disinvestment will curtail long-run growth. U.S. Chartbook: Cruising Along, Hazards Ahead July data should quiet the pessimists for now, but reasons for unease linger. » VIEW MORE COMMENTARY
Today's Economic Indicators
Taiwan
Domestic Trade
Jul. 2017: -1.7%
Taiwan's domestic spending fell 1.7% y/y in July following a 1.8% decline in June (before revisions). Taiwan
Industrial Production
Jul. 2017: 2.4%
Industrial output in Taiwan rose 2.4% y/y in July after a 3.1% increase (before revisions) in June. United States
MBA Mortgage Applications Survey
August 18: -0.5%
Mortgage applications decreased marginally last week despite mostly favorable movements in rates. Mexico
Retail & Wholesale Sales
Jun. 2017: 0.4%
Household consumption lost steam in June, after a steady advance in previous months. United States
New-Home Sales
Jul. 2017: 571,000
New-home sales took a tumble in July, falling 9.4% below revised June totals and 8.9% below July 2016 levels. United States
Oil Inventories
August 18: 463.2 mil barrels
A decline in crude oil inventories in line with analyst expectations will have little effect on oil prices. New Zealand
Foreign Trade
Jul. 2017:
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