Today's Economy Capital Market View: U.S. First-Quarter GDP Tracking Begins Though spending is off to a good start, growth is tracking just 0.8%, but it's early. LatAm Daily Briefing: Setting the Stage for Fed Tightening The region braces for impact ahead of the Fed’s rate hikes. Bad Inflation Release for Euro Zone, but Still no Panic The doves in the European Central Bank will be on the defensive at Thursday's meeting and in the coming months. Europe Daily Briefing: Euro Zone Inflation Continues to Climb According to preliminary estimates, the euro zone's January inflation rate accelerated to 5.1% y/y. » VIEW MORE TODAY'S ECONOMY
Commentary India Unveils New Federal Budget The 2022-23 package includes a 35.4% expansion in the country's capital expenditure target. Forecaster’s Mailbag: A Closer Look at Tourism in Southeast Asia The region is highly exposed to the expected sluggish recovery in international arrivals. Global Vaccine Tracker: Majority of World Fully Vaccinated Infections remain near a pandemic high of more than 3 million per day, although there are early signs they may be peaking. U.S. Chartbook: Fourth-Quarter GDP Pops The strong growth is unlikely to repeat in 2022's first stanza. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States Moody's CMBS Delinquency Tracker Dec. 2021: 5.24% The Moody’s Delinquency Tracker total delinquency rate declined 9 basis points to 5.24% in December. Euro Zone Preliminary Consumer Price Index Jan. 2022: 5.1% y/y Preliminary estimates of the euro zone’s harmonized index of consumer prices surprised to the upside today. United States MBA Mortgage Applications Survey January 28: 12% Mortgage application volume rose substantially this week. Brazil Industrial Production Dec. 2021: -4.1% y/y Brazil’s industry ended the year still struggling in annual terms but posted a positive advance in monthly terms. United States ADP National Employment Report Jan. 2022: -301,000 m/m, ths The labor market recovery took a step back to start the year as the Omicron wave of COVID-19 did significant damage. Canada Building Permits Dec. 2021: -1.9% m/m New building permits data show a pullback through December after a strong November. United States Housing Vacancies & Homeownership 2021Q4: 65.5% The U.S. homeownership rate ticked up from 65.4% to 65.5% in the fourth quarter of 2021. United States Vehicle Sales - BEA Jan. 2022: 15.0 mil, SAAR U.S. new-vehicle sales jumped to 15 million seasonally adjusted annualized units in January. United States Moody's Analytics Inflation Expectations Pulse January 30: 2.63% Inflation expectations held steady in the week ended January 30, according to the Moody’s Analytics Inflation Expectations Pulse. United States Oil Inventories January 28: 415.1 mil barrels An unexpected dip in crude stocks will put upward pressure on oil prices. Brazil Monetary Policy Feb. 2022: Australia Foreign Trade Dec. 2021: » VIEW MORE ECONOMIC INDICATORS |