The index "Japan's leading economic indicators index" fell to 93.30 index points in June, official data show this.
Leading Index Measures Future Economic Activity
The index is used as a reference to economic conditions, but most of the indicators used to compile the index have already been issued individually, so the impact on this issue does not have much impact.
The Ifo business climate index in Germany fell 1.8 points from a month earlier to 95.7 in July 2019, the lowest since April 2013 and below market expectations of 97.1.
In production, the business climate indicator is in free fall. No improvement is expected in the short term, as enterprises expect the next six months with great pessimism. Capacity utilization fell from 85.3 to 83.9 percent and is now slightly above the long-term average.
I expect an increase in the indicator. Orders for US factories for large industrial goods rose last month after a sharp decline in the previous two months, driven by demand for commercial aircraft and automobiles. The category that tracks business investment had the largest growth in four months.
Germany: economic growth accelerates thanks to strong domestic demand
German economic growth in the 1st quarter remained at 0.4% compared with Q4, Germany's performance was better than expected, largely due to private consumption and investment in fixed assets, while the external sector also made a positive contribution to economic growth, despite more difficult external conditions.
Exports accelerated, and import growth was stable.
I expect data growth. The average prices for single-family homes with mortgages guaranteed by Fannie Mae and Freddie Mac in the USA rose 0.1% in May. A composite indicator in 20 cities showed an annual increase of 2.4%.
Housing prices in some major markets have risen due to the limited supply of homes for sale. Stocks grew at the beginning of this year, but at present they are lower in the whole country than last year. Inventories are also the weakest at the lower level of the market, where demand is highest.
Conference Board's consumer confidence index recovered in July after declining in June. The index is currently 135.7.
After a sharp decline in June caused by an escalation of trade and tariff tensions, consumer confidence in July regained its highest level this year.
American consumers are again optimistic about current and future business and labor market conditions and expectations regarding their financial prospects have also improved.
Bond yields across major markets have tumbled this year on worries about weak growth and speculation about central bank easing. Ultra-long-dated bonds have outperformed as investors move into longer and longer-dated maturities to grab a few extra basis points of yield.
Investments in the coming fiscal year are expected to be stronger than originally anticipated, although improvements should be treated with caution, given the uncertain working conditions in the coming period.
According to the Australian Bureau of Statistics, capital expenditures of private capital in 1 quarter. unexpectedly declined 1.7% to $ 29.29 billion. A disappointing result is due to the weakness of retail sales and construction work carried out in the first three months of the year.