| Today's Economy
Once Again, No Clear Winner in Spain Spain’s economy cannot be on autopilot for long, as downside risks mount. British Exit May Harm France but Benefit Paris Trade, investment and expatriates would be hit the hardest. Economic Briefing: Asian Markets Mull Over Exit Vote New Zealand dairy farmers face falling prices despite an uptick in shipment volumes. Economic Roundup: The Unthinkable Becomes Reality U.K.'s decision to leave the EU sends financial markets into turmoil. » VIEW MORE TODAY'S ECONOMY
Commentary
Q&A: Immediate Consequences of the U.K.’s Vote There will be no informal preliminary talks on its EU departure terms before Britain gives formal notification. Mexico Outlook: Growth Below Potential The economy decelerates as policy normalizes. Impact of the U.K. Decision on Asia Effects of downside shock are in the hands of policymakers. U.S. Chartbook: Contending with the Aftermath of the British Referendum The market reaction has been ugly, but we have yet to see how consumers react. » VIEW MORE COMMENTARY
Today's Economic Indicators
Euro Zone
Monetary Aggregates
May. 2016: 4.9%
The seasonally adjusted annual growth of the euro zone’s M3 money supply was 4.9% y/y in May, up from 4.6% in the previous month. Hong Kong
Foreign Trade
May. 2016: -HK$26.2 bil
Trade activity in Hong Kong's port decelerated in May, with exports and imports declining in year-on-year terms. Germany
Ifo Business Climate Index
Jun. 2016: 108.7
The German Ifo Business Climate Index rose strongly to 108.7 in June from 107.8 in the previous month. United States
Black Knight Home Price Index
Apr. 2016: 5.4%
The Black Knight House Price Index advanced at a slightly faster pace in April after growing at a more moderate pace in the first quarter. United States
International Trade in Goods - Advanced
May. 2016: -$60.6 bil
Trade may have been less of a positive for growth this quarter than we had previously thought. Mexico
Trade Balance
May. 2016: -US$527 mil
The trade balance remains in negative territory as exports moderate and despite the peso weakening. World
Moody's Analytics Survey of Business Confidence
June 24: 26.3
Last week’s sentiment readings improved a bit but largely do not reflect the U.K vote to leave the EU, which occurred on the last day of the survey. United States
Texas Manufacturing Outlook Survey
Jun. 2016: -18.3
Despite the rise in oil prices from a low in the mid-$20 range February to near $50 per barrel in recent weeks, Texas manufacturers remained downbeat in June. South Korea
Consumer Sentiment Index
Jun. 2016:
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