| Today's Economy
Non-OPEC Production Cut on the Table This weekend's meeting could prove important to the OPEC deal. U.S. Chain Stores Calm Between the Storms The Redbook Retail Index settled back down after Black Friday. Q4 Global Growth Impaired by Seasonality in China Data Slower growth in Japan and the U.S. contributes to the weaker global estimate. Economic Briefing: A Third Quarter to Forget Down Under The Australian economy posted its fourth quarterly decline in GDP in the past 25 years. » VIEW MORE TODAY'S ECONOMY
Commentary
Global Outlook: Anemic Growth, Rising Uncertainty After a bleak year, the world economy is expected to improve in 2017. U.S. Chartbook: Fed Gets Green Light Labor market passes key hurdle for interest rate action. A Slap to Italy's Establishment Protest voices and discontent with constitutional changes triggered the “No” vote. U.S. Election Model Post-Mortem Sometimes statistics just have no place in politics. » VIEW MORE COMMENTARY
Today's Economic Indicators
France
Foreign Trade
Oct. 2016: -€ 5.2 bil
France's exports continue to disappoint. Taiwan
Foreign Trade
Nov. 2016: US$4,265 mil
Taiwan’s economy is benefiting from stronger export growth. United Kingdom
Halifax Housing Price Index
Nov. 2016: 6.0%
The U.K. Germany
Industrial Production
Oct. 2016: 0.3%
German industrial production rose slightly in October, increasing 0.3% m/m, after falling by 1.6% m/m in September. United Kingdom
Industrial Production
Oct. 2016: -1.3%
U.K. industrial production fell for the third month in a row, falling short of market expectations. Chile
Consumer Price Index
Nov. 2016: 2.9%
Annual inflation remained around the central target in November, as the economy is still weak. Chile
Foreign Trade
Nov. 2016: US$43.1 mil
Chile’s trade balance has flipped back into surplus, reporting a positive result of $43 million in November. United States
MBA Mortgage Applications Survey
December 02: -0.7%
Mortgage applications were down again last week, but only marginally. India
Monetary Policy
Dec. 2016: 6.25%
Growth in India remains below potential, and inflation has also ebbed. Canada
Monetary Policy
Dec. 2016: 0.5%
Canadian monetary policymakers remain steadfast. United States
Job Openings and Labor Turnover Survey
Oct. 2016: 3.7% openings rate
The labor market performed well in October. United States
Oil Inventories
December 02: 485.8 mil barrels
Crude oil inventories fell by more than analysts were expecting, which will put upward pressure on prices. China
Foreign Trade
Nov. 2016:
United States
Consumer Credit (G19)
Oct. 2016: $16.0 bil
After three months of handsomely beating expectations, headline consumer credit grew more hesitantly in October. Japan
GDP
2016Q3:
Australia
Foreign Trade
Oct. 2016:
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