Archive | July 2017
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In Brief U.S.: Consumer confidence steadfast ahead of political turmoil; U.S. dollar weakened notably Eurozone: “Euphoric” soft data points and growth spurt loses momentum for second month running Germany: The Ifo business climate index rose to another record high at 116.0 in July; German private sector output growth eases in July France: July PMI to […]
In Brief Europe: Encouraging data now; ECB studying tapering U.S.: Inflation down; housing permits back up China: New data released; PBOC to coordinate work of new financial oversight body U.K.: Unexpected softer inflation in June LEIs: Global nominal reacceleration ending; real growth drivers needed Given the magnitude and pace of change in the technology sector, […]
In Brief U.S. growth continues to hum along at a moderate pace More hard evidence of European economic expansion Capacity, labor, and price pressures accruing in Japan In China government and private PMIs embody soft-landing The Brexit/politics dulled 2Q17 economic activity in the U.K. Equity markets performance was upbeat in 2Q17 U.S. government bonds rallied […]