Today's Economy Economic Roundup: Brexit Remains a Regional Economic Event U.K.'s flash composite PMI drops sharply in July, hinting the economy contracted. LatAm Weekly: IMF Nudges Growth Expectations Higher A faster rebound in Brazil will improve regional growth. Canada Weekly: Foreign Stock Purchases Revive Canadian investors' net purchases in May were this year's largest. A Gloomy British Snapshot A Flash PMI for the U.K. shows the economy contracting at the fastest rate since 2009. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, July 22, 2016 Fed will sit tight in July, but it can't lose sight of the economy. Europe Weekly Highlights and Preview, 22 July, 2016 Coming data will show slight slowdowns for the U.K. and France. Argentina Outlook: Economy Will Turn Around by Late 2016 Macroeconomic adjustments take a toll on domestic demand. Macro Roundup: Where Now for the Yuan? China’s currency is likely to continue falling as the central bank reduces intervention. » VIEW MORE COMMENTARY
Today's Economic Indicators
Italy Industrial New Orders May. 2016: -2.8% Italy's new industrial orders fell 2.8% in May, reversing the 0.9% increase in April. Taiwan Domestic Trade Jun. 2016: 0.5% Taiwanese household spending remains resilient, supported by fiscal and monetary easing. Taiwan Industrial Production Jun. 2016: 0.9% Manufacturing remained upbeat in June, and there are signs of further improvement in the coming months. Italy Retail Sales May. 2016: 0.3% Italy’s retail sales rose 0.3% m/m but declined 0.3% q/q in the three months to May. Canada Consumer Price Index Jun. 2016: 1.5% Canadian consumer price inflation held at 1.5% in June, the same pace as May. Canada Retail Trade May. 2016: 0.2% Retail sales rose 0.2% to C$44.3 billion in May. Russian Federation Business Confidence Jul. 2016: -3.0 Manufacturing business confidence in Russia ticked up to -3 in July from the previous month, remaining firmly in negative territory. United States Regional and State Employment Jun. 2016: The June report on employment in regional and state economies confirms that May’s sharp deterioration in labor market conditions was an aberration and not the start of an extended slump. United States ECRI Weekly Leading Index July 15: 138.1 A third consecutive increase of the ECRI weekly leading index indicates the U.S. economy will expand at a healthy pace in the near term. » VIEW MORE ECONOMIC INDICATORS |
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