Today's Economy Certain Uncertainty After New Hampshire Primary The Granite State provides little clarity to the Democratic nomination outcome. LatAm Daily Briefing: Heeding Brazil's Consumer Real retail sales and spending are growing around 2.5%. Europe Daily Briefing: A Stinker Q4 for Euro Zone Factories Leading indicators suggest the worst is over for manufacturing, but we are cautiously optimistic. EU Risk Matrix Update: Coronavirus' Economic Reach We don't believe the epidemic will spread to Europe, but the virus is likely to taint the economy. » VIEW MORE TODAY'S ECONOMY
Commentary Mexico Under the Fed’s Severe Recession Scenario In the hypothetical case, the country would suffer greatly from a U.S. downturn. Trump’s Fiscal 2021 Budget: Big Proposals, Little Chance The wish list provides some insight into a potential second term. U.S. Weekly Highlights and Preview, February 10, 2020 Odds are that Congress will grill the Fed chairman about the economic impact of the coronavirus. U.S. Chartbook: Job Growth Pops as People Charge Into the Labor Force Big gains owe partly to the mild winter, but show labor supply constraints aren't binding. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada RPS House Price Index Jan. 2020: 3.6% House prices rose 0.2% in January across the 13 largest Canadian markets, causing year-ago price growth to rise to 3.6% from 3.3% in December. Taiwan (Province of China) GDP 2019Q4: Euro Zone Industrial Production Dec. 2019: -2.1% Euro zone industrial production plummeted by 2.1% m/m in December following no growth in November. Brazil Retail Sales Index Dec. 2019: 2.6% Brazil’s retail consumption continued to advance on an annual basis in December in tandem with the economy’s recovery. OECD Composite Leading Indicators Dec. 2019: 99.4 The composite leading indicator for the OECD countries rose in December after having increased in November for the first time since the end of 2017. India Consumer Price Index Jan. 2020: 7.6% India’s January consumer price index came in above expectations, rising to 7.59% from 7.35% in December. United States MBA Mortgage Applications Survey February 07: 1.1% Mortgage applications rose 1.1% over the week of February 7. India Industrial Production Dec. 2019: -0.3% After an uptick in November, India’s industrial production index for December fell by 0.3% y/y. United States NAR Metro Prices 2019Q4: 6.6% Median existing single-family house prices finished off 2019 strongly, up 6.6% from the fourth quarter of 2018. United States Oil Inventories February 07: 442.5 mil barrels Crude oil inventories rose by much more than expected last week, which will weigh down oil prices. United States Treasury Budget Jan. 2020: -$32.6 bil The federal government has incurred a cumulative budget deficit of $389.2 billion in the first four months of fiscal 2020, compared with $310.3 billion over the same period last fiscal year. » VIEW MORE ECONOMIC INDICATORS |