Today's Economy Slight Dip in U.S. Factory Orders Masks Positive Revisions Capital spending will be strong this quarter. Where the U.S. Senate Tax Plan Is Headed A conference committee will now have to reconcile the House and Senate versions. Poor Asset Quality Saddles Russian Banks A new bank resolution framework is tested with Otkritie’s bailout. Economic Briefing: Global Businesses Remain Cheery Sentiment is unperturbed by various geopolitical ructions, and respondents are upbeat about 2018. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Entering the Homestretch Home sales and construction spending beat expectations, while revisions move the dial on GDP and inflation only minimally. China Outlook: Shadow Monetary Tightening Ends The economy is likely to grow well in 2018; government intervention remains constant. Latvia Outlook: Robust but Volatile Growth The Baltic economy will gain steam this year and next. U.S. Weekly Highlights and Preview, December 1, 2017 The focus for the upcoming week will be on the November employment report and tax legislation developments. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan Consumer Confidence Nov. 2017: 44.9 Japan's consumer confidence rose in November thanks to Abe's election victory at the end of October. . Euro Zone Producer Price Index Oct. 2017: 2.5% Producer prices in the euro zone rose 2.5% y/y in October, boosted by robust energy prices and a pickup in the prices of intermediary goods. United States ISM - NY Report Nov. 2017: 58.1 New York City’s expansion may have more room to run than expected, based on the most recent New York City ISM Report on Business. World Moody's Analytics Survey of Business Confidence December 01: 36.5 Global business sentiment is upbeat, consistent with a global economy that is expanding meaningfully above its potential. United States Factory Orders (M3) Oct. 2017: -0.1% Manufacturing conditions remain solid, but factories could not fully sustain their earlier gains in October. Australia Retail Sales Oct. 2017: Australia Balance of Payments 2017Q3: Australia Monetary Policy Dec. 2017: » VIEW MORE ECONOMIC INDICATORS |