| Today's Economy
Economic Roundup: One Small Step for Balance Sheet Normalization The Fed appears to be gearing up to start the process in September. U.K.’s Loss of Momentum Confirmed Net trade and manufacturing will fail to offset the consumer-led slowdown in services. Venezuela Faces Tougher U.S. Sanctions An oil embargo would have severe consequences for the economy. Aussie Central Bank Singing Its Own Tune Australia won't be following major central banks and hiking rates anytime soon. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Objectives Increase Possibility of New NAFTA Accord Markets reacted positively to the U.S. guidelines. U.S. Credit Outlook: Job Gains Drive Growth Strong performance in the first-mortgage market is covering weakness elsewhere. Romania Outlook: The Tiger Is Back in Town Output growth will outperform the region's as the expansion matures. Taiwan Outlook: Enjoying the Tech Lift Increased tensions with China pose a downside risk. » VIEW MORE COMMENTARY
Today's Economic Indicators
Singapore
Industrial Production
Jun. 2017: 13.1%
Improving global conditions will support Singapore’s manufacturing sector through the second half of 2017. Spain
Retail Sales
Jun. 2017: 0.6%
Spain's retail trade rose 0.6% m/m in June, more than recouping the 0.3% gain in May. Italy
Consumer and Business Confidence
Jul. 2017: 105.5
Italy’s business confidence reversed the previous gains and declined in July, in line with worsening other forward-looking indicators. United Kingdom
GDP Production Breakdown
2017Q2: 1.7%
U.K. Germany
Ifo Business Climate Index
Jul. 2017: 116
The German Ifo Business Climate Index hit a record high, climbing to 116 in July from 115.2 in June. United States
MBA Mortgage Applications Survey
July 21: 0.4%
Mortgage applications rose slightly last week, as interest rates declined across the board. United States
New-Home Sales
Jun. 2017: 610,000
New single-family home sales rose in June, adding to May’s gains, and reversed a portion of their steep decline in April. United States
Business Employment Dynamics
2016Q4: 7.5 mil
The U.S. labor market didn’t fare as well as initially thought in the fourth quarter of 2016. A near complete count of payroll data for the final three months of 2016 showed job gains totaled 7.465 million, compared with the 7.65 million in the third quarter. United States
Oil Inventories
July 21: 483.4 mil barrels
A larger than expected decline in crude oil inventories will put upward pressure on oil prices. United States
FOMC Monetary Policy
Jul. 2017: 1.00 - 1.25 %
The Federal Open Market Committee took another step toward beginning the normalization of the Fed balance sheet. Brazil
Monetary Policy
Jul. 2017:
South Korea
GDP
2017Q2:
» VIEW MORE ECONOMIC INDICATORS | 
