Today's Economy Italy’s Bank Rescue Eases Systemic Risk Intesa Sanpaolo will acquire the good assets of Banca Popolare di Vicenza and Veneto Banca. Asia's Tech Cycle Appears to Have Peaked Although demand has cooled, performance is still robust. Economic Briefing: France's Convalescing Labour Market French labour market reforms should start bearing fruit; U.S. durable goods likely struggled in May. Economic Roundup: Encouraging News on U.S. New-Home Sales The trend suggests demand remains solid. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: April Showers Bring May Flowers for Housing Spring selling doesn't appear hurt too much by past increases in mortgage rates. U.S. State and Local Outlook: A Tough Budget Season Pensions and Medicaid are the problem, and the structural pressures are set to worsen. U.S. Weekly Highlights and Preview, June 23, 2017 Fed finding it difficult to hit 2%. Macro Roundup: New Zealand Cruises Along Domestic inflation pressures are subdued, and the central bank will keep rates steady for another year. » VIEW MORE COMMENTARY
Today's Economic Indicators
Hong Kong Foreign Trade May. 2017: -HK$35.6 bil Hong Kong's trade balance fell to -HK$35.6 billion in May after -HK$34.1 billion in April. United States Chicago Fed National Activity Index May. 2017: -0.26 The pace of U.S. growth slowed in May. United States Durable Goods (Advance) May. 2017: -1.1% New orders for durable manufactured goods disappointed for the second consecutive month, decreasing 1.1% in May. Mexico Economic Activity Index Apr. 2017: -0.7% Economic activity decelerated significantly in April, additionally affected by the negative seasonal effect of Easter. Mexico Employment Situation May. 2017: 3.56% Unemployment Mexico’s unemployment increases in May as the economy remained underperforming. Uruguay GDP 2017Q1: 4.3 Uruguay GDP took another step forward in the first quarter, with annual growth at 4.3%. World Moody's Analytics Survey of Business Confidence June 23: 33.6 Global business sentiment was a bit on the soft side last week, but abstracting from the temporary ups and downs in the weekly survey responses, confidence has been strong and steady since before last year’s presidential election. United States Texas Manufacturing Outlook Survey Jun. 2017: 15.0 Current Texas factory activity decelerated in June but continues to expand. France Job Seekers May. 2017: 3.49 mil The number of French job seekers increased to 3.49 million in May, and the latest number is a clear disappointment. South Korea Consumer Sentiment Index Jun. 2017: New Zealand Foreign Trade May. 2017: » VIEW MORE ECONOMIC INDICATORS |
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