U.S. import prices likely to have grown in August on dollar slide, says Wells Fargo

Sep 15, 2017 22:56 pm UTC| Commentary

U.S. import prices are expected to have risen in August. In the prior month, prices had risen 0.1 percent due to a 0.7 percent rise in imported petroleum prices, matching expectations. However, excluding fuel, import...

U.S. housing starts likely to have risen in August, says Wells Fargo

Sep 15, 2017 21:34 pm UTC| Commentary

U.S. housing starts is expected to have increased in August. July had recorded a disappointing result, with housing starts dropping 4.8 percent sequentially and falling 5.6 percent year-on-year. The softness in July was...

Euro area private consumption likely to remain on strong footing in H2 2017

Sep 15, 2017 21:12 pm UTC| Commentary

Private consumption in the euro area is expected to stay on a strong footing in the second half of 2017, underpinned by strong performance by the labor market, noted Barclays in a research report. The labor market...

Canada’s national wealth rises slightly in Q2, household indebtedness rising higher

Sep 15, 2017 19:23 pm UTC| Commentary

Canadas national wealth rose a bit in the second quarter of this year. It was up 0.1 percent, as lower real estate prices and sales activity resulted in the smallest rise in non-financial assets since early-2009. Increased...

Euro area labor cost growth picks up in Q2, labor market might generate additional inflationary pressures

Sep 15, 2017 18:44 pm UTC| Commentary

With the European Central Bank on track to lower the rate of its asset purchase program from the beginning of next year, most of its confidence that a reduction in monetary accommodation would be appropriate is based on...

University of Michigan consumer sentiment index drops in early September

Sep 15, 2017 18:18 pm UTC| Commentary

The preliminary index of University of Michigan consumer sentiment dropped in early September owing to the worries about the outlook for the national economy. The consumer confidence index fell to 95.3 in September from...

U.S. business inventories rise for third consecutive month in July, to add to Q3 GDP growth

Sep 15, 2017 17:45 pm UTC| Commentary

U.S. business inventories were up for the third straight month in July and look poised to contribute positively to third quarter GDP. Following a strong gain in June, business inventories were up 0.2 percent in July....