Today's Economy First-Quarter 2019’s GDP Report Boosted Odds Favoring a Lower Fed Funds Rate by Year’s End The report hinted of a further slowing by the annual rate of core PCE price index inflation from the 1.7% of 2019’s first quarter. Canada Weekly: Central Bankers Become Bearish The Bank of Canada cut its GDP forecast, reducing the likelihood of rate hikes. Europe Daily Briefing: U.K. Mortgage Approvals Rise The figure had been expected to slide again due to continuing Brexit uncertainty. Markets Question Macri’s Staying Power Skittish investors put the embattled Argentine leader in a bind. » VIEW MORE TODAY'S ECONOMY
Commentary Europe Weekly Highlights and Preview, 26 April, 2019 The survey data have all but warned of a grim start to the year for the currency area’s economies. Asia-Pacific Weekly Highlights and Preview, 26 April, 2019 Further signs of stabilisation are expected from China's manufacturing PMI in April. Latin America Economic Preview: 29 April-4 May Inflation stayed near the target in Colombia and Peru in April. Stock Market Contributes to U.S. Wealth Inequality New data confirm growth in inequality, but show it has not been linear. » VIEW MORE COMMENTARY
Today's Economic Indicators
Russian Federation Monetary Policy Apr. 2019: 7.75% The Central Bank of Russia held its key policy rate at 7.75% at its April meeting, citing slowing inflation as the key reason. United States GDP 2019Q1: 3.2% U.S. Mexico Economic Activity Index Feb. 2019: 1.1% Mexico’s economy continued to drift in February. Mexico Trade Balance Mar. 2019: US$1,429.5 mil Mexico's trade balance remained in positive territory in March, as imports fell slightly on a year-ago basis amid weak domestic demand growth. United States University of Michigan Consumer Sentiment Survey Apr. 2019: 97.2 Consumer sentiment slid from March, but not as much as initially reported. France Job Seekers Mar. 2019: 3.38 mil The number of job seekers in France decreased slightly to 3.38 million in March from a revised 3.39 million in February. Colombia Monetary Policy Apr. 2019: 4.25% Colombia’s central bank left the reference interest rate unchanged at its April meeting. » VIEW MORE ECONOMIC INDICATORS |
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