Which economies have beat estimates?
Markets have been the story of the past month but the big question is what happens with the economy and that puts the focus on the data.
On that front, the general timber is weaker. The Citi economic surprise indexes measure how well economic data has done relative to expectations. It's a measure of if economists were right or wrong.
Lately, they've been too optimistic in general, especially on the US and China. The UK has also sagged while New Zealand, Australia and Japan have been close to forecast.
The surprise on the list is Canada, which has performed better than expected despite the deep dive in the Canadian dollar. That might be a hint about buying CAD but it may only signal the lag in data. The market is looking at the drop in crude prices and associated activity, while that's only starting to get picked up in data.
Europe has also been doing well despite a few well-publicized data disappointments.
Here's the full rundown:
