Greece is running substantial primary budget surpluses and has committed to maintain strong public finances to bring down debt
German Ifo declined in June and the divergence between current situation and expectations remain unusually high. Lot of uncertainty
Saudi oil production has been stable since production cuts were introduced in 2016.
Lumber prices in the US are rising after tariffs on Canadian lumber were introduced. Preview of what awaits on Chinese goods
Federal Reserve has increased the fed fund rate again to 1.75-2.0% as expected. More monetary-policy tightening in coming quarters
Employment growth in the euro area is still strong, but has weakened quite a bit in Italy. Spain still leads the way.
US consumer confidence continues to outpace growth in real wages. Optimism is likely to sustain moderate consumption growth
US production of fossil fuels has both reduced imports and created a new source of export revenue. The structural improvement in the energy trade balance is an important factor in net exports subtraction less from GDP-growth compared to pre-recession.
Two weeks ago, investors were paying for the privilege of lending money to Italy. Now… not so much. Still investors around, but much higher risk premium
Italian yields have moved up sharply as fear of the political outlook intensifies. Double trouble for ECB, who is sole buyer of Italian bonds