Today's Economy Economic Roundup: Inflation, Eh? Canada CPI Jumps The BoC will take note but may not rush into action. Emerging Markets May Be a Bigger Systemic Risk Than U.S. High-Yield Corporates Chinese share prices have fallen considerably, Canada Weekly: Pedal to the Metals Despite tariffs disrupting steel and aluminum trade, the metals industry will continue to thrive. Global Growth Enjoys Decent Start to Q3 Much of the strength is coming from the U.S., while China is on a slowing trajectory. » VIEW MORE TODAY'S ECONOMY
Commentary BoJ Paving a Way to Tighter Monetary Policy The central bank's latest changes hint at changing direction. Europe Weekly Highlights and Preview, 17 August, 2018 German consumer spending should have ramped up in line with the upward trend in wage growth. Central and Eastern Europe Can Weather the Storm The region is less vulnerable than the massive depreciation would suggest. Latin America Economic Preview: 20-24 August Chile, Mexico and Peru advanced further in the second quarter. » VIEW MORE COMMENTARY
Today's Economic Indicators
Euro Zone Consumer Price Index Jul. 2018: 2.1% Final numbers confirmed that euro zone inflation accelerated to 2.1% in July from 2% in June. Canada Consumer Price Index Jul. 2018: 3% Inflation surged in July, and monetary policymakers will take notice. Canada International Transactions in Securities Jun. 2018: C$0.3 bil Net foreign investment into Canada advanced C$300 million, the smallest sum so far this year. United States Internet Sales (E-Commerce Sales) 2018Q2: $127.3 bil Internet sales cannot be stopped. United States Conference Board Leading Indicators Jul. 2018: 0.6% The U.S. economy will continue to strengthen. Russian Federation Retail Sales Jul. 2018: 2.5% Retail stayed on track in July and printed at 2.5% in year-ago terms. Russian Federation Unemployment Jul. 2018: 4.7% Russian unemployment stayed steady at 4.7% in July, which marks a historical low. United States Regional and State Employment Jul. 2018: July was another good month for the U.S. labor market, with employment numbers for state and regional economies echoing those released a couple of weeks ago for the nation; they show the labor market humming along with solid growth and little to no unused labor supply as firms struggle to attract and retain qualified workers. United States University of Michigan Consumer Sentiment Survey Aug. 2018: 95.3 Consumers were a little less upbeat in August, but the implications for consumer spending are minimal. United States ECRI Weekly Leading Index August 10: 147.4 The U.S. economy is doing well and near-term prospects are positive. » VIEW MORE ECONOMIC INDICATORS |