| Today's Economy
LatAm Daily Briefing: Brazil, Argentina Wake to Tariff Surprise President Trump argued that recent currency devaluations gave the countries unfair advantages. Chile’s Economy Hurt by Social Protests Activity contracted significantly in October. Europe Daily Briefing: U.K. Factories Not as Bad as They Look Euro zone manufacturing PMIs suggest the economy bottomed out in the fourth quarter. Holiday Sales Will Slow With Fewer U.S. Youth Because you can’t make America young again, you can’t make American retail sales great again. » VIEW MORE TODAY'S ECONOMY
Commentary
Macro Roundup: Indonesia’s Difficult Balancing Act Bank Indonesia is navigating weaker demand conditions and the need to maintain external stability. U.S. Weekly Highlights and Preview, December 2, 2019 Though the Fed’s balance sheet is now increasing, it doesn’t mean that stock prices will also increase. Europe Weekly Highlights and Preview, 2 December, 2019 The slowdown in global growth has taken a heavy toll on euro zone exports. Asia-Pacific Weekly Highlights and Preview, 2 December, 2019 Australia's GDP growth slowed further in the third quarter. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
Moody's CMBS Delinquency Tracker
Oct. 2019: 3.10%
The Moody’s CMBS Delinquency Tracker total delinquency rate edged down 2 basis points to 3.1% in October. United States
Semiconductor Billings
Oct. 2019:
Chile
Monthly Economic Activity Indicator
Dec. 2019: -3.4%
Chile’s economic activity weakened in October, affected by the eruption of social protests. Peru
Consumer Price Index
Nov. 2019: 1.9%
Inflation in the Lima metropolitan area remains low and stable. United States
Construction Spending (C30)
Oct. 2019: -0.8%
U.S. construction outlays fell sharply in October. World
Moody's Analytics Survey of Business Confidence
November 29: 10.2
Global business confidence remains weak, as has been the case for the past year and shows no indication of improving. United States
ISM Manufacturing Index
Nov. 2019: 48.1
U.S. manufacturing continues to struggle given the weakness in the global economy, past appreciation in the U.S. dollar, and trade tensions. Brazil
Foreign Trade
Nov. 2019: US$3.43 bil
Brazil’s trade surplus rose to $3.43 billion in November from an upwardly revised $2.56 billion in October, an increase of $0.88 billion. Australia
Monetary Policy
Dec. 2019:
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