| Today's Economy
Economic Roundup: Now What? A week after their initial announcement, Trump has put reciprocal tariffs on pause. Europe Daily Briefing: Shipping Costs Creep Higher Global shipping costs ticked higher for the first time in months; is there more to come? Asia-Pacific Daily Briefing: Twin Rate Cuts in India and New Zealand The central banks cut their respective policy rates by 25 basis points. Economic Roundup: Main Street Chafes Amid Heightened Uncertainty The NFIB small business optimism index fell to its lowest since before the U.S. elections. » VIEW MORE TODAY'S ECONOMY
Commentary
Canada Risk Matrix: Out of the Frying Pan The escalating U.S. tariff war and falling markets raise recession risks for Canada. U.S. Risk Matrix: U.S. Protectionism The world's biggest economy has initiated a trade war with every other country on the planet. Brace for Impact The global trade war is boiling over, and economic damage is quickly mounting. The Impact of Liberation Day Tariffs on the U.K. Baseline The weaker global economic outlook means notable cuts in U.K. GDP forecasts for 2025 and 2026 » VIEW MORE COMMENTARY
Today's Economic Indicators
India
Monetary Policy
Apr. 2025: 6.00%
The Reserve Bank of India’s Monetary Policy Committee cut the repo rate by 25 basis points to 6% at its April meeting, matching our and the consensus expectations. United States
MBA Mortgage Applications Survey
April 04: 20%
Mortgage activity rebounded sharply as rates fell to their lowest level since October. Mexico
Consumer Price Index
Mar. 2025: 3.80% y/y
Mexico’s annual inflation remained almost unchanged in March, close to the 4% target’s upper limit. Brazil
Retail Sales Index
Feb. 2025: 1.5% y/y
Household consumption advanced at a more moderate rate in February as monetary conditions were tightened again. United States
Wholesale Trade (MWTR)
Feb. 2025: 0.3% m/m
Following a 0.8% increase in January, wholesale inventories increased by 0.3% in February. United States
Oil Inventories
April 04: 442.3 mil barrels
A larger-than-predicted build in crude oil stocks could exacerbate the decline in oil prices. Argentina
Industrial Production - Advance
Feb. 2025: 5.6% y/y
Argentina’s manufacturing industry has begun a solid recovery amid an improved macroeconomic environment. China
Consumer Price Index
Mar. 2025:
China
Producer Price Index
Mar. 2025:
» VIEW MORE ECONOMIC INDICATORS | 
