Today's Economy Economic Roundup: Fed Still Waiting for More Evidence of Inflation Nonfuel import prices remain soft; initial claims lowest in more than 40 years. U.S. Energy Independence Not a Reality Electricity production and oil imports tell a similar story. Measures of U.S. Core Inflation Diverge Greenspan's decision in 2000 is influencing policy today. Brazil Ready to Start Monetary Relaxation Lower inflation, a stronger currency, and fiscal improvement support a rate cut. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Consumer Outlook: Lack of Pricing Power Will Hurt Holiday Sales Rampant retail deflation will keep sales growth near last year’s levels. Asia-Pacific Preview: 17-21 October China's GDP growth will remain steady in the third quarter. Forecasters' Mailbag: U.S. Trade With Mexico The deficit's impact on jobs is likely much smaller than many expect. The U.S. Presidential Candidates' Energy Policies We assess the proposals on transparency, effectiveness and feasibility. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan Industry Activity Indexes Aug. 2016: 0.0% Japan’s tertiary activity will remain weak for the rest of 2016 amid weak consumer and business sentiment. Germany Consumer Price Index Sep. 2016: 0.7% Germany's annual national measure of CPI rose 0.7% in September, following a 0.4% increase in August. India Consumer Price Index Sep. 2016: 4.3% Prices in India decelerated further in September on the back of increased food supply. Canada New Housing Price Index Aug. 2016: 2.7% Canada's New Housing Price Index rose 0.2% in August, marking the 17th consecutive month of price growth at the national level. United States Jobless Claims October 08: 246,000 Initial claims remained constant in the week ended October 8 at 246,000 from the previous week’s revised level. United States Import and Export Prices Sep. 2016: 0.1% The incoming labor market and inflation data support the Fed’s doves who have argued there is little urgency to raise interest rates again. United States St. Louis Fed Financial Stress Index October 07: -1.18 The St. United States Natural Gas Storage Report October 07: 79 bil cubic feet Natural gas inventories rose by less than analysts were expecting, indicating stronger than predicted demand and putting upward pressure on natural gas prices. United States Oil Inventories October 07: 474.0 mil barrels Crude oil inventories rose by much more than analysts were expecting, which will put downward pressure on oil prices. Singapore GDP - Advanced 2016Q3: Uruguay Industrial Production Aug. 2016: 2.0% Industrial production expanded by 2% in August from the previous year. China Foreign Direct Investment Sep. 2016: China Monetary Aggregates Sep. 2016: Argentina Consumer Price Index Sep. 2016: 1.1% The statistics office’s new consumer price index, which covers the Buenos Aires metro area, increased 1.1% in September, up from 0.2% in the previous month. Peru Monetary Policy Oct. 2016: China Producer Price Index Sep. 2016: China Consumer Price Index Sep. 2016: » VIEW MORE ECONOMIC INDICATORS |