In Brief U.S.: PPI ticking higher and inflation not dead; small business confidence peaking with D.C. risk; jobless claims still low Europe: Another good month for Eurozone sentiment; structural reform tough, but Catalonia risk contained and a second wind for sentiment; Emmanuel Macron has challenged EU leaders to sort out
In Brief U.S.: Economic activity in both manufacturing sector and non-manufacturing sector continued to expand in September 2017; light vehicle sales in September realized the first gain of the year; weekly jobless claims fell more than expected Eurozone: The final IHS Markit Eurozone PMI Composite Output Index increased in September;
In Brief U.S.: Trump gives a new “red line” for his 20% corporate tax rate; tax reform framework; consumer confidence index fell to 119.8 while data skewed by hurricanes Europe: France consumer confidence fell; both German and French business optimism was also appearing toppy; German election update Asia: S&P warns
In Brief U.S.: FOMC meeting September 20: Fed is leaving short-term interest rates unchanged, but December Fed hike possible; QE unwind, fiscal progress? Eurozone: Eurozone upturn regains momentum in September; ZEW current sentiment situation; German general elections on September 24 U.K.: U.K. households experience the strongest squeeze on finances for
In Brief U.S.: August NFIB small business confidence index up 0.1 month on month to 105.3; CPI surprises to the upside in August; inflation expectations continue to rise Eurozone: Earlier in the cycle, job gains are still nascent; Bank of France estimated French GDP growth of 0.5% in 3Q17; eurozone
In Brief U.S.: ISM PMI up 2.5% to 58.8; ISM NMI up 1.4% to 55.3; job growth has started to slow, typical in 2H of a business cycle Euro zone: Manufacturing sector underpinned solid growth of euro zone economy U.K.: Service sector growth slipped to 11-month low China: The PBOC
In Brief U.S.: Hurricane Harvey hit insurance stocks and auto giants; U.S. nonfarm payrolls preview Euro: The euro hit a multi-year high after Draghi did not comment on the currency strength U.K.: Home prices reverse monthly rise Thoughts: M&A could be the biggest beneficiary from a tax cut on repatriated
In Brief U.S.: PMI pop in August 2017 amid milder trend; dollar index clocks 15-month low EU: ZEW sentiment fading; sentiment also easing elsewhere in Europe; euro appreciation is a headwind to European growth; Eurozone manufacturing sector supports strong expansion of economy U.K.: GDP grew by 0.3% in 2Q17; pound
In Brief U.S.: Home builder sentiment climbed in August 2017 and consumers still likely pent up demand for housing; 10-year breakeven inflation rate rose in July for the first time in five months; NAFTA changed U.S. trade with Canada and Mexico; dollar fell in July against most other currencies EU:
In Brief U.S.: Producer prices recorded the biggest drop in 11 months; productivity rose 0.9% in 2Q17, consistent with the climb in the JOLTS Quits Eurozone: Soft and hard data in Germany eased slightly but remain robust; Bank of France sees economic growth of 0.5% in 2Q17 U.K.: The Brexit
In Brief U.S.: 10-year yield slips to lowest in a month; The DJIA closed above 22,000 for the first time; U.S. companies post profit growth not seen in six years; a very strong jobs report for a maturing cycle Manufacturing tailwind continues: Manufacturing in the Eurozone, U.K., and the U.S.
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
