On Thursday the leading indicators of the OECD report published again a slowdown in most major economies, but the United States, Japan and Russia know “strong signs of positive change in the dynamics.”
For all of the OECD indicator down and is just above its long-term trend (100.1 to 100.2 after the previous month).
The indicators are also falling for the G7 economies (100.2 from 100.3), the euro area (98.3 after 98.7) and the G5 (China, India, Indonesia, Japan and Korea), for which the OECD sees slowdown in perspective.
Indicators for France, Germany and the UK are also falling from 98.5 to 98.2, respectively, 97.9 and 98.4 after 98.6 after 98.8.
OECD sees signs of positive change in the dynamics in the U.S. where the indicator is at 101.2 from 101.0, Japan (stable at 101.5) and Russia (102.5 after 102, 3).