Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Wednesday, April 24, 2019

Today's Economy


Europe Daily Briefing: Good News for Hammond

The U.K. chancellor has considerable headroom in his budget for flexibility on spending and taxes.

Risks as U.S. Equities Reach New Highs

Fundamentals support further—but less impressive—stock market gains.

Asia-Pacific Daily Briefing: To Cut or Not to Cut, That Is the Question

Australia's Q1 CPI was weak, increasing odds that interest rates will be cut in 2019.

Lower T-Bond Yields and Wider Spreads Are Likely if High-Yield Downgrades Continue to Double Upgrades

Although markets have largely ignored the jump by the downgrade per upgrade ratio of U.S. high-yield credit rating revisions.

» VIEW MORE TODAY'S ECONOMY



Commentary


Stock Market Contributes to U.S. Wealth Inequality

New data confirm growth in inequality, but show it has not been linear.

Was March China’s Inflexion Point?

Fixed asset investment and credit growth were among the first to show improvement.

Commodity Outlook: Global Oil Market Surplus Vanishes

OPEC’s estimated output for March implies a nearly balanced oil market.

U.S. Macro Outlook: Bashing the Fed

The economy got a recent lift from the central bank, but the criticism will go on.

» VIEW MORE COMMENTARY



Today's Economic Indicators


United States
Moody's CMBS Delinquency Tracker
Mar. 2019: 3.63%
The Moody’s Delinquency Tracker total delinquency rate dropped 15 basis points to 3.63% in March.

United States
MBA Mortgage Applications Survey
April 19: -7.3%
The top-line market index dropped again the week of April 19, falling 7.3%, as purchases and refinancing cooled again.

United States
Moody’s Analytics Policy Uncertainty Index
April 19: 112.4
The four-week moving average in our U.S. policy uncertainty index fell from 114 to 112.4 in the week ended April 19.

United States
Business Employment Dynamics
2018Q3: 7.4 mil
During the third quarter of 2018, a near universal count of private employment data reveals that U.S. net job gains narrowed to only 27,000, down from 437,000 in the prior quarter.

Canada
Monetary Policy
Apr. 2019: 1.75%
The Bank of Canada signaled that rates are not going up any time soon as policymakers downgraded their growth expectations.

United States
Oil Inventories
April 19: 460.6 mil barrels
A surprise increase in oil inventories will put downward pressure on oil prices.

South Korea
GDP
2019Q1:

» VIEW MORE ECONOMIC INDICATORS

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