Today's Economy Updated U.S. Risk Matrix: It’s Getting Crowded Trump talk of replacing the Fed chairman could rattle financial markets. Volatility Up for U.S. New-Home Sales After a large upward revision to June, July saw a big decline in purchases despite help from lower mortgage rates. Canada Weekly: The Other Oil Industry Offshore drilling has not been the economic boom once expected. Powell Threads the Needle The Fed chairman's comments were dovish enough. » VIEW MORE TODAY'S ECONOMY
Commentary Europe Weekly Highlights and Preview, 23 August, 2019 The main news will be publication of GDP details for the euro zone. Asia-Pacific Weekly Highlights and Preview, 23 August, 2019 Japanese households likely front-loading ahead of October sales tax hike. Latin America Economic Preview: 26-30 August Brazil's economy likely advanced at low speed in the second quarter. U.S. Household Credit Data Analysis Read our comparative analysis of household credit data from the New York Fed and Moody’s Analytics. » VIEW MORE COMMENTARY
Today's Economic Indicators
Mexico GDP 2019Q2: -0.8% As expected, the economy reported a prolonged weakness in the second quarter, even contracting in annual terms. Canada Retail Trade Jun. 2019: 0.0% Canadian retail sales were unchanged in June. Mexico Economic Activity Index Jun. 2019: -0.9% Mexico's economic activity continued to show weakness in June, weighed down by the industrial contraction. United States New-Home Sales Jul. 2019: 635,000 New-home sales tumbled in July, falling 12.8% from the revised June total. Argentina Retail Sales Index Jun. 2019: 44.7% The index that tracks nominal sales at Buenos Aires’ largest shopping centers increased 44.7% y/y in June, up from 28.4% in the previous month. » VIEW MORE ECONOMIC INDICATORS |