| Today's Economy
Economic Roundup: Restoring Confidence U.S. consumers expressed increased confidence in May on the back of the U.S.-China trade agreement. Europe Daily Briefing: Reality Check Rising economic sentiment in the euro zone masks uncertainty and a dampening growth outlook. March Data Confirm Some U.S. Front-Loading of European Imports Assessing the early evidence of the U.S. front-loading some European imports ahead of tariffs. Europe Chartbook: Ofgem, Easter, and Stockpiling U.K. inflation gets a boost; stockpiling drives European exports higher » VIEW MORE TODAY'S ECONOMY
Commentary
New Zealand Budget: Hits and Misses After years of deficits, a razor-thin surplus is forecast for 2028-29. Trading Blows Part 2: Shining a Light on Hidden Supply-Chain Vulnerabilities Some supply-chain risks could be a major threat for even seemingly diversified economies. Developed Asia Mid-2025 Outlook: Whiplashed Growth prospects have faded after a brief boost from tariff front-loading. U.S. Weekly Highlights and Preview, May 23, 2025 We expect a 0.1% increase in both the headline PCE and core PCE deflators for April. » VIEW MORE COMMENTARY
Today's Economic Indicators
Euro Zone
Business and Consumer Sentiment
May. 2025: 94.8
The euro zone’s economic sentiment index rose to 94.8 in May from 93.8 in April but remained below March’s 95.1 reading. France
Job Seekers
Apr. 2025: 3.01 mil
In April, the number of job seekers in France decreased by 175,900 to 3.01 million. United States
Durable Goods (Advance)
Apr. 2025: -6.3% m/m
New orders for U.S. durable goods reversed course in April, plunging 6.3% following a downwardly revised 7.6% gain in March. United States
FHFA Purchase-Only House Price Index
Mar. 2025: 3.7% y/y
The Federal Housing Finance Agency Purchase-Only House Price Index was up 3.7% in March on a year-ago basis. United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Mar. 2025: 4.1 % y/y
House prices fell 0.3% in March, according to the S&P CoreLogic Case-Shiller index. World
Moody's Analytics Survey of Business Confidence
May 23: 13.7
Global business sentiment was hit hard by the escalation of the global trade war in April, and while it has since stabilized, businesses remain cautious. Peru
GDP
2025Q1: 3.9% y/y
The Peruvian economy turned in another solid performance in the first quarter, hoisted by the cyclical recovery in consumer spending and private investment. United States
Conference Board Consumer Confidence
May. 2025: 98.0
Consumer confidence rebounded somewhat in May from the five-year low hit in April. United States
Texas Manufacturing Outlook Survey
May. 2025: -15.3
Texas manufacturing remained weak in May, but survey results were better than in April. Australia
Consumer Price Index
Apr. 2025:
New Zealand
Monetary Policy
May. 2025:
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