Today's Economy Happy Fourth of July From Economy.com! We will return on Thursday. Economic Roundup: Encouraging Signs for U.S. Capital Spending Revisions to core capital goods orders and shipments were kind but far from booming. High-Yield Downgrades Topped Upgrades in 2018’s Second Quarter Not all credit rating revisions are the consequence of changes in a company’s underlying financial fundamentals. U.S. Soybean Exports Could Take a Hit Soon China tariffs go into effect this week. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. State and Local Outlook: Still Making Hard Choices New municipal bond rules are well-timed and should increase demand for investment-grade municipal bonds. U.S. Chartbook: Consumers Take a Chill Pill Growth in consumer prices has accelerated; the core PCE deflator hit the Fed’s objective in May. U.S. Weekly Highlights and Preview, June 29, 2018 We are not expecting a lot of fireworks next week. Europe Weekly Highlights and Preview, 29 June, 2018 We expect the euro zone unemployment rate to dip further, to 8.4%. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States CoreLogic Home Price Index May. 2018: 7.1% The CoreLogic Home Price Index rose 7.1% year over year in May and 1.1% over the previous month. Australia Monetary Policy Jul. 2018: 1.5% The Reserve Bank of Australia is steering a relatively steady ship and expectedly kept the cash rate on hold at 1.5% following its July policy meeting. Euro Zone Retail Sales May. 2018: 0.0% Retail sales in the euro zone held steady in May, after rising a meagre 0.1% in April, though still above our expectations of a 0.4% fall. Chile Retail & Wholesale Sales May. 2018: 6.4% Chile’s commercial activity index advanced strongly in May. United States ISM - NY Report Jun. 2018: 55 New York City purchasing managers feel good about the present but great about the future, according to the June ISM-New York Report on Business. United States Factory Orders (M3) May. 2018: 0.4% Factory orders rose 0.4% in May, more than what the consensus and we had expected. United States Moody’s Analytics Policy Uncertainty Index June 29: 99.8 U.S. economic policy uncertainty is easing but remains elevated. Brazil Foreign Trade Jun. 2018: US$5.88 bil Brazil’s trade surplus narrowed slightly in June, falling to $5.9 billion from $6 billion in May. Australia Foreign Trade May. 2018: Australia Retail Sales May. 2018: » VIEW MORE ECONOMIC INDICATORS |