Today's Economy Economic Roundup: Something Is Still Missing in the Labor Market Puzzle The lack of stronger wage growth dogs labor markets in the U.S. and Europe. U.K. Inflation Should Shoot Past 3% November CPI numbers still won't push MPC members into voting for another rate hike this week. Don't Assume Causality With Chinese Inflation The slowing housing market will keep downward pressure on the CPI and PPI in 2018. Average Hourly Earnings Could Struggle in Early 2018 The absence of stronger wage growth remains the key blemish on the U.S. labor market. » VIEW MORE TODAY'S ECONOMY
Commentary Global Outlook: On Guard for Missteps Strong trade and supportive fiscal policies will benefit growth, but political risks mount. Latin America Outlook 2018: The Recovery Strengthens The region will experience a second year of growth after two years of recession. U.S. Weekly Highlights and Preview, December 8, 2017 All eyes on the Fed. Europe Weekly Highlights and Preview, 8 December, 2017 U.K. inflation and unemployment numbers will keep investors busy. » VIEW MORE COMMENTARY
Today's Economic Indicators
Italy Retail Sales Oct. 2017: -1.0% Italy’s retail sales dropped 1% m/m in October, more than offsetting the 0.8% jump in the previous month. OECD Composite Leading Indicators Oct. 2017: 100.1 The OECD composite leading indicator remained steady at a downwardly revised 100.1 in October for the fourth consecutive month, though this marks an improvement from the 99.6 average for 2016. World Moody's Analytics Survey of Business Confidence December 08: 37.2 Global business confidence is ending 2017 on a strong note. United States Job Openings and Labor Turnover Survey Oct. 2017: 3.9% openings rate October's Job Openings and Labor Turnover Survey did little to alter our view that the job market is strong. Philippines Industrial Production Oct. 2017: Malaysia Industrial Production Oct. 2017: Japan Industry Activity Indexes Oct. 2017: » VIEW MORE ECONOMIC INDICATORS |