| Today's Economy
U.S. Q3 GDP Tracking Has Begun Initial estimate is for GDP to rise 1.9%. Adjusting Our U.S. Risk Matrix Escalation in the trade war is more likely as Trump signals new tariffs to occur on September 1. Europe Daily Briefing: Euro Zone Consumers Do the Heavy Lifting Retail sales rose sharply in June and over the second quarter as a whole. Canada Weekly: The Plains Perspective Divergent economic performance in the plains highlights weakness in oil and agriculture. » VIEW MORE TODAY'S ECONOMY
Commentary
Living in the Tail Risk The trade war has escalated beyond expectations and the stakes are high for the global economy. Europe Weekly Highlights and Preview, 2 August, 2019 Grim news expected for U.K. GDP Asia-Pacific Weekly Highlights and Preview, 2 August, 2019 A handful of central bank meetings will be in the spotlight. Latin America Economic Preview: 5-8 August Inflation declines in Brazil, Chile and Mexico. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia
Foreign Trade
Jun. 2019: MYR10.3 bil
Malaysia's trade surplus widened to MYR10.3 billion in June, following the MYR9.1 billion in May. Italy
Industrial Production
Jun. 2019: -0.2%
Italian industrial production fell by 0.2% in monthly terms in June, following a 0.9% m/m and a 1.2% y/y increase in May. Italy
Retail Sales
Jun. 2019: 1.9%
Italy’s retail sales surged by 1.9% m/m in June, rebounding from a 0.7% drop in the previous month. Euro Zone
Retail Sales
Jun. 2019: 1.1%
Euro zone retail sales rose by an above-consensus 1.1% m/m in June, following a 0.6% fall in May. United States
International Trade (FT900)
Jun. 2019: -$55.2 bil
The trade balance held steady in June, but the details were unfavorable. Canada
International Merchandise Trade
Jun. 2019: C$ 0.1 bil
Canada barely hung on to its merchandise trade surplus in June as both exports and imports tumbled. United States
Employment Situation
Jul. 2019: 164,000
The labor market performed solidly in July. Chile
Retail & Wholesale Sales
Jun. 2019:
United States
ISM - NY Report
Jul. 2019: 43.5
New York City’s purchasing managers are casting a wary eye on the local economy, based on the July ISM-New York Report on Business. United States
Factory Orders (M3)
Jun. 2019: 0.6%
Factory orders rose 0.6% in June, rebounding after two consecutive declines. United States
University of Michigan Consumer Sentiment Survey
Jul. 2019: 98.4
Consumer sentiment was little changed in July, according to the final reading from the University of Michigan. » VIEW MORE ECONOMIC INDICATORS | 
