Today's Economy Economic Roundup: Time Heals Many Wounds Fears about higher structural unemployment in the U.S. following the recession have faded. New Russian Sanctions Likely U.S. senators propose new limits on banks, government debt and energy. Europe Daily Briefing: Labour Shortage May Stifle German Industry IP performance was worse than expected on the heels of other disappointing news about manufacturing. Asia-Pacific Daily Briefing: Boring Is Sometimes Necessary Australia's central bank kept the cash rate at 1.5%; rate hikes unlikely until Q4 2019. » VIEW MORE TODAY'S ECONOMY
Commentary ASEAN Outlook: Under Pressure Trade protectionism and emerging market outflows are pressing down on Southeast Asia. The Anatomy of U.S. Housing’s Recent Setback This is not the time to panic. U.S. Chartbook: Labor Market Sizzles Without Overheating Employers added fewer jobs than expected in July, but the economy is on a strong trajectory. U.S. Weekly Highlights and Preview, August 3, 2018 The focus is on inflation. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States CoreLogic Home Price Index Jun. 2018: 6.8% T Australia Monetary Policy Aug. 2018: 1.5% Monetary policy in Australia is boring but appropriate. Germany Industrial Production Jun. 2018: -0.9% German industrial production contracted at the end of the second quarter, falling 0.9% m/m following a revised 2.4% rise in May. Taiwan (Province of China) Consumer Price Index Jul. 2018: 1.7% Headline consumer price inflation surprised on the upside in Taiwan, picking up to 1.7% y/y in July after cooling to 1.3% in June. Taiwan (Province of China) Foreign Trade Jul. 2018: US$2.2 bil Taiwan's trade surplus narrowed to US$2.2 billion in July, after rising to US$5.2 billion in June. Canada Purchasing Managers' Index Jul. 2018: 61.8 The seasonally adjusted Ivey Purchasing Managers' Index hit 61.8 in July, indicating that, on balance, more firms reported higher purchases than in June. United States Job Openings and Labor Turnover Survey Jun. 2018: 4.3% openings rate Consistent with other indicators, the Job Openings and Labor Turnover Survey data confirm the strength of the labor market. United States Moody’s Analytics Policy Uncertainty Index August 03: 102.8 U.S. economic policy uncertainty rose in early August and this could explain some of the recent weakness in various measures of business confidence. China Foreign Trade Jul. 2018: United States Consumer Credit (G19) Jun. 2018: $10.2 bil Headline consumer credit growth has moderated again. » VIEW MORE ECONOMIC INDICATORS |