Today's Economy Economic Roundup: U.S. Recession Odds Heading in Wrong Direction Bond market remains spooked and appears to be betting more on a recession. Europe Daily Briefing: Spain's Factories Faring Better Than Germany's Germany relies on exports while Spain depends on tourism and domestic demand. New ECB Target, Same Old Problem A new inflation target wouldn't be enough to solidly increase inflation expectations. U.K. GDP Preview: Likely No Better Than Stalling Manufacturing likely plunged after firms rushed to stockpile in the first quarter. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Macro Outlook: Specter of Recession With a tweet, President Trump could undo his latest tariff threat and its ominous implications for the global economy. Latin America Preview: 12-16 August Colombia's economy likely expanded at a steady pace; inflation will have decelerated in Argentina. Road to Recession: Tariffing Our Way The likelihood of a full-blown trade war keeps rising. Global Outlook: Slower Growth Calls for Even Easier Money Central banks are loosening policy across the board. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain Industrial Production Jun. 2019: -0.2% Spain’s industrial production decreased 0.2% in June. Brazil Consumer Price Index Jul. 2019: 3.22% Brazil’s inflation continued to adjust down in July amid below-potential economic performance. OECD Composite Leading Indicators Jun. 2019: 99.1 The composite leading indicator for the OECD countries held steady at 99.1 in June, beating our expectations of another decline. Brazil Retail Sales Index Jun. 2019: -0.3% Brazil's retail consumption weakened in June amid below potential economic growth and a darkening outlook. Chile Consumer Price Index Jul. 2019: 2.2% Annual inflation continued to decline in July as the economy remained weak. Mexico Consumer Price Index Jul. 2019: 3.78% Inflation edged lower in July as faint domestic demand offset pressure from a weaker peso. Canada New Housing Price Index Jun. 2019: -0.2% The housing market's struggles endure. United States Jobless Claims August 03: 209,000 All is well in the U.S. labor market, according to initial filings for unemployment insurance benefits. United States St. Louis Fed Financial Stress Index August 02: -1.36 Financial market stress edged slightly higher as escalating trade tensions gripped Wall Street. United States Wholesale Trade (MWTR) Jun. 2019: 0.0% The inventory build hit pause. United States Natural Gas Storage Report August 02: 55 bil cubic feet The increase in natural gas stores was slightly lower than analyst expectations, which will have a positive effect on prices. Japan GDP 2019Q2: China Consumer Price Index Jul. 2019: China Producer Price Index Jul. 2019: » VIEW MORE ECONOMIC INDICATORS |