| Today's Economy
Peru’s Central Bank Joins the Party The cut wards off risk of a currency war, but meaningful stimulus will be tough to achieve. Europe Daily Briefing: Don't Panic Over U.K. GDP Inventories dropped, but what matters is that consumer spending was strong. Canada Weekly: Credit Consternation Mortgage performance is slipping and more consumers are seeking loan modifications. Asia-Pacific Daily Briefing: Japan Offers Good News, for Once GDP growth hit 0.4% q/q in Q2, with improvements in consumption and investment. » VIEW MORE TODAY'S ECONOMY
Commentary
Europe Weekly Highlights and Preview, 9 August, 2019 We wouldn't be surprised by a second quarter GDP contraction in Germany. Asia-Pacific Weekly Highlights and Preview, 9 August, 2019 China’s July activity data will be in the spotlight. 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. » VIEW MORE COMMENTARY
Today's Economic Indicators
France
Industrial Production
Jun. 2019: -2.3%
France’s industrial production fell a sharp 2.3% m/m in June, fully reversing May’s 2% gain. United Kingdom
Monthly GDP
Jun. 2019: 0.0%
U.K. monthly GDP figures showed that activity held only steady in June following a downwardly revised 0.2% expansion in May. United Kingdom
GDP - Quarterly
2019Q2: -0.2%
First numbers showed that U.K. Italy
Consumer Price Index
Jul. 2019: 0.3%
Italy's EU-harmonized inflation cooled to 0.3% y/y in July from 0.8% in June, slightly below preliminary estimates. Canada
Housing Starts
Jul. 2019: 222 ths
New residential construction backpedaled in July. United States
Producer Price Index
Jul. 2019: 0.2%
The producer price index for final demand rose 0.2% in July following a 0.1% gain in each of the prior two months. Mexico
Industrial Production
Jun. 2019: 2.1%
Industrial production fell again in June amid weak domestic auto sales and broader softness in domestic demand. Canada
Labor Force Survey
Jul. 2019: 5.7%
The labor market suffered a setback in July, but the causes of the headline employment decline do not suggest immediate concern. Canada
Building Permits
Jun. 2019: -3.7%
A decrease in multifamily and institutional permits drove the value of Canadian building permits down 3.7% to C$8 billion in June. Peru
Monetary Policy
Aug. 2019: 2.50%
Peru’s central bank joined the rate-cutting bandwagon, trimming its benchmark rate 25 basis points to 2.5% at its August meeting. Russian Federation
Foreign Trade
Jun. 2019: US$12.5 bil
Russia’s trade surplus rose monthly in June but remains unimpressive. » VIEW MORE ECONOMIC INDICATORS | 
