Today's Economy Inside Economics Podcast: Episode 38—Crypto and Dollars The U.S. dollar's value and status as the world's leading reserve currency remain strong. Europe Daily Briefing: French Unemployment Falls Again France's labor market improved ahead of a tough winter. Asia-Pacific Daily Briefing: Japan's Consumer Spending Rallies Retail sales have remained elevated relative to service consumption throughout the pandemic. Asia-Pacific Daily Briefing: Singapore's Industrial Production Picks Up Pace Fuel prices pushed up core inflation in Japan. » VIEW MORE TODAY'S ECONOMY
Commentary Times of Plenty, Tough Decisions U.S. state and local current receipts have surpassed current expenditures in their longest streak since the 1970s. Investigating Downside Scenarios: What's in Store for APAC? We consider a property crash, a deteriorating COVID-19 situation, and early rate hikes in 2022. U.S. Commodities Outlook: Will OPEC+ Stick to Plan? The cartel could decide it is better served pumping less oil so that it can fetch higher prices. U.S. Chartbook: Unwrapping Data on Households The labor market’s strength remains an important driver for consumer activity as we take stock of late-2021 economic data. » VIEW MORE COMMENTARY
Today's Economic Indicators
Belgium Consumer Price Index Nov. 2021: 5.6% y/y Consumer price growth in Belgium surged in November, rising to 5.6% y/y from 4.2% y/y in October. Thailand Foreign Trade Nov. 2021: US$4.2 bil Thailand’s trade position improved in November on the back of surging exports. Portugal Industrial Production Nov. 2021: 0.2% Portugal’s industrial production expanded by 1.2% m/m in November, adding to a 0.4% increase in October. United States Jobless Claims December 25: 198,000 U.S. initial claims for unemployment insurance benefits appear to have settled down after seasonal adjustment issues caused some big swings recently. United States St. Louis Fed Financial Stress Index December 24: -0.69 The St. United States Natural Gas Storage Report December 24: -136 bil cubic feet Last week’s draw in natural gas stocks was larger than analysts predicted, suggesting that this report could push gas prices higher. United States Agricultural Prices Nov. 2021: 1.9% m/m The Agricultural Prices Received Index was 108.8 in November, which was an increase of 1.9% from October and 17% higher than a year earlier. South Korea Consumer Price Index Dec. 2021: China Manufacturing PMI Dec. 2021: » VIEW MORE ECONOMIC INDICATORS |