Today's Economy Economic Roundup: Business Sentiment Hasn't Bottomed, Yet Brexit's big week and why it will continue to hurt sentiment. First Quarter Was Difficult for S&P 500 Earnings and High-Yield Credit Rating Changes However, the consensus looks for an acceleration of revenues per share to a 4.9% pace in 2019’s final quarter. Europe Daily Briefing: Calm Before the Storm U.K. monthly GDP figures are due out later this week. Asia-Pacific Daily Briefing: Reading Australia's Labour Market Isn't Easy Problems with data accuracy mean ANZ job advertisements are a better gauge. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: The Economy's Still Got It A run of solid data tempered concerns about a downturn. U.S. Weekly Highlights and Preview, April 5, 2019 The week is all about inflation. Global Outlook: Triumph of Doves Weakened prospects have forced central banks around the world to press the pause button. Europe Weekly Highlights and Preview, 5 April, 2019 The U.K. is running out of time, and chances of crashing out of Brexit remain high. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan Consumer Confidence Mar. 2019: 40.5 Japan's extended decline in consumer confidence has continued into March. United States California Manufacturing Survey 2019Q2: 63.3 The California Purchasing Managers' Composite Index increased from 61.2 in the first quarter of 2019 to 63.3 in the second quarter of 2019, indicating that California manufacturers are still expecting economic expansion. OECD Composite Leading Indicators Feb. 2019: 99.1 Global economic growth is slowing, but we are not signaling warning bells just yet. Chile Consumer Price Index Mar. 2019: 2.0% Chile’s inflation rebounded in March but remained below the 3% target. Chile Foreign Trade Mar. 2019: US$607.4 mil Chile’s trade surplus grew in March. Canada Housing Starts Mar. 2019: 193 ths Residential construction in Canada rebounded in March after a sharp slowdown in the prior month. Canada Building Permits Feb. 2019: -5.7% The value of building permits in Canada decreased in February, with lower multifamily construction permits behind the decline. Colombia Consumer Price Index Mar. 2019: 3.2% Colombia’s annual inflation rate accelerated in March because of a sharp increase in the price of some fresh food items. World Moody's Analytics Survey of Business Confidence April 05: 13.8 Global business sentiment has stabilized since hitting the bottom in February, but it remains weak. United States Factory Orders (M3) Feb. 2019: -0.5% Factory orders fell 0.5% in February, the fourth decline in five months. China Foreign Trade Mar. 2019: » VIEW MORE ECONOMIC INDICATORS |