Today's Economy Argentina’s Outlook Darkens The recession will continue amid the renewed currency crisis. Canada Weekly: When the U.S. Sneezes... The two national economies are more correlated during periods of distress. Europe Daily Briefing: Trade War Plagues Euro Zone’s Exports A correction was expected following May’s unsustainably strong results. For Mexico’s Business Leaders, It’s a Collective Groan Their confidence has declined under the strident AMLO, and investors’ concerns are valid. » VIEW MORE TODAY'S ECONOMY
Commentary Macro Roundup: China’s Monthly Health Check The focus is on July's disappointing data, the Hong Kong protests, and trade war retaliation. Asia-Pacific Weekly Highlights and Preview, 16 August, 2019 Japan's inflation will be uninspiring and exports likely contracted again in July. Europe Weekly Highlights and Preview, 16 August, 2019 Inflation numbers should corroborate our view that the ECB won't hesitate to add stimulus next month. Negative Mortgage Rates Debut in Denmark Some banks are paying borrowers interest on the money that they owe. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia GDP 2019Q2: 4.9% Malaysia's June quarter GDP growth was a glimmer of light among general global softness and uncertainty. Hong Kong GDP 2019Q2: Euro Zone External Trade Jun. 2019: €20.6 bil The euro zone’s external trade surplus fell to €20.6 billion in June from €22.6 billion in June 2018. Canada International Transactions in Securities Jun. 2019: -C$4.0 bil Foreign investors swapped their Canadian federal government bonds for corporate paper in June, but international net investment into Canada still fell by C$4 billion. United States New Residential Construction (C20) Jul. 2019: 1.191 mil The uncertain economic climate continues to erode multifamily construction. United States Regional and State Employment Jul. 2019: The employment figures for state and regional economies for July confirm what we already know, namely that the labor market is performing reasonably well amid slower economic growth, weak business sentiment, and greater uncertainty about trade policy. United States University of Michigan Consumer Sentiment Survey Aug. 2019: 92.1 The flare-up in the trade war and the drop in the stock market undermined consumer confidence in early August. United States Quarterly Services Survey 2019Q2: Data from the Quarterly Services Survey portend optimism for second-quarter GDP revisions. » VIEW MORE ECONOMIC INDICATORS |