Today's Economy Economic Roundup: The Calm Before the Data Storm The economic calendar was light on Monday, but the rest of the week is jam-packed. Thirty-Year Treasury Bond Yield Approximates Fed Funds Rate You might say the Fed is behind the curve. Argentina Peso Plummets After Primary Election The opposition beat President Macri by landslide; negative effects on the economy will be immediate. Europe Daily Briefing: Euro Zone May Tap Harder on the Brakes The area's Q2 GDP growth may be revised down, largely due to weakness on the external front. » VIEW MORE TODAY'S ECONOMY
Commentary Mexico Outlook: Deep Deceleration The economy is facing a pronounced slowdown given the imposition of fiscal austerity measures. U.S. Weekly Highlights and Preview, August 9, 2019 We are keeping an eye on consumer sentiment. Europe Weekly Highlights and Preview, 9 August, 2019 We wouldn't be surprised by a second quarter GDP contraction in Germany. Asia-Pacific Weekly Highlights and Preview, 9 August, 2019 China’s July activity data will be in the spotlight. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada RPS House Price Index Jul. 2019: India Industrial Production Jun. 2019: 2% Industrial production was below expectations in June, coming in at 2% y/y, below May's 4.6% and April’s 4.3%. World Moody's Analytics Survey of Business Confidence August 09: 21.0 Global businesses are anxious, worried over President Trump’s trade war with China. China Monetary Aggregates Jul. 2019: United States Treasury Budget Jul. 2019: -$119.7 bil The federal government has incurred a cumulative budget deficit of $866.8 billion in the first 10 months of fiscal 2019, compared with $684 billion over the same period last fiscal year. Uruguay Industrial Production Jun. 2019: -9.9% Industrial production in Uruguay cratered in June, falling 9.9% on a year-ago basis after a more modest 2.5% decline in May. » VIEW MORE ECONOMIC INDICATORS |