Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Wednesday, July 06, 2016

Today's Economy


U.S. Trade Is Less Supportive to Q2 GDP Growth

Nominal and real trade deficits widened more than anticipated in May.

The Panama Canal and Oil Trade

The newly expanded waterway will not have much effect on crude shipping.

Uruguay Inflation Will Be Tough to Tame

Fiscal deficits are pushing up consumer prices even as the economy contracts.

Economic Briefing: Yen Rises on Haven Flows

Yields on government bonds fell further as investors sought safe assets.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.K. Decision to Break From the EU Is Helping U.S. Homeowners

Refis are climbing and mortgage rates have room to fall.

U.S. Chartbook: Dodging a Bullet, for Now

Financial markets are weathering the U.K. break from the EU.

U.S. Weekly Highlights and Preview, July 1, 2016

June employment should ease fears that the job market has weakened.

Europe Weekly Highlights and Preview, 1 July, 2016

Uncertainty after the U.K. exit vote will likely dominate again next week.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Spain
Industrial Production
May. 2016: 0.9%
Spain's industrial production rose 0.9% in May in calendar-adjusted year-ago terms, down from a 2.7% gain in April.

Germany
Manufacturing Turnover and Orders Received
May. 2016: 0.0%
German manufacturing orders were unchanged in May after falling 1.9% in April.

United States
MBA Mortgage Applications Survey
July 01: 14.2%
Mortgage applications increased sharply last week after falling in the prior week.

Colombia
Consumer Price Index
Jun. 2016: 8.6%
Colombia’s annual inflation rate accelerated sharply in June amid rising food prices.

Canada
International Merchandise Trade
May. 2016: -C$ 3.28 bil
Export and import values declined in May in roughly equal measures, leaving Canada's merchandise trade deficit relatively unchanged at $3.28 billion.

United States
International Trade (FT900)
May. 2016: -$41.1 bil
The U.S. trade deficit increased to $41.1 billion in May, a significant rise from the previous month’s deficit of $37.4 billion.

United States
ISM Nonmanufacturing Index
Jun. 2016: 56.5
The nonmanufacturing segment of the economy bounced back in June, adding to the evidence that the downshift in growth in May was a fluke.

United States
FOMC Minutes
Jun. 2016:
The minutes of the June Federal Open Market Committee meeting suggest the central bank is worried enough about the U.S. economy’s momentum that a rate hike may not occur soon.

» VIEW MORE ECONOMIC INDICATORS

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