Today's Economy Economic Roundup: What's In a Name? The U.S. labeling China a currency manipulator is more symbolic and political than substantive. U.S. Expands Sanctions on Venezuela New measures further isolate the Maduro government. Two Additions to Our U.S. Risk Matrix For now, the odds of U.S. currency intervention or a currency war are low. Europe Daily Briefing: Mixed Bag for Germany Factory orders ticked higher, while the construction PMI slid further. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Not Too Hot, Not Too Cold Consumers will remain relevant to the expansion. Macro Roundup: Why Are We Miserable? Welfare maximization is difficult, because the objectives evolve and goal posts keep moving. U.S. Weekly Highlights and Preview, August 2, 2019 We look for the ISM nonmanufacturing survey to have edged lower in July. Living in the Tail Risk The trade war has escalated beyond expectations and the stakes are high for the global economy. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States CoreLogic Home Price Index Jun. 2019: 3.4% The CoreLogic Home Price Index increased 3.4% year over year in June, fractionally faster than the revised pace over the prior two months. India Monetary Policy Aug. 2019: 5.75% Colombia Consumer Price Index Jul. 2019: 3.8% Colombia’s annual inflation rate accelerated in July due in part to rising prices for some fresh food items. Russian Federation Consumer Price Index Jul. 2019: 0.2% Russian inflation accelerated in July. United States Job Openings and Labor Turnover Survey Jun. 2019: 4.6% openings rate The labor market eased just a tad in June, according to the June JOLTS report. United States Moody’s Analytics Policy Uncertainty Index August 02: 137.2 The four-week moving average in our U.S. policy uncertainty index increased from a revised 134.6 to 137.2 in the week ended August 2. Argentina Industrial Production - Advance Jun. 2019: -6.9% Industrial output contracted 6.9% y/y in June, not seasonally adjusted, after a 7% y/y drop in the previous month. New Zealand Monetary Policy Aug. 2019: » VIEW MORE ECONOMIC INDICATORS |