Today's Economy Economic Roundup: Still Streaking String of solid U.S. economic data continues as the trade deficit narrows in November. Speculative-Grade Bond Yield Sinks but Is Up Year to Year Though the latest spec-grade bond yield is the lowest since October 24, it remains above its February average. Should U.S. Stock Buybacks Be Restricted? Share repurchases in 2018 totaled more than $1 trillion. Europe Daily Briefing: Where Is Germany Headed? The country's loss of momentum at the end of last year likely carried over into 2019. » VIEW MORE TODAY'S ECONOMY
Commentary The Outlook After Trump's State of the Union The U.S. president called for bipartisanship but doubled down on the wall. U.S. Chartbook: Plenty of Life to This Expansion We don't believe a recession is imminent. 2019 Middle East Outlook: Reforms Pay Off for Oil Importers A trade war and missteps in global monetary tightening pose downside risks. U.S. Weekly Highlights and Preview, February 4, 2019 The Bureau of Labor Statistics plans to release its productivity report for the fourth quarter. » VIEW MORE COMMENTARY
Today's Economic Indicators
Thailand Monetary Policy Feb. 2019: 1.75% The Bank of Thailand expectedly kept the policy rate steady at 1.75% in February. United States MBA Mortgage Applications Survey February 01: -2.5% The week ending on February 1 saw another slight contraction in the mortgage market. Despite this, both four-week moving averages posted double digit gains. Colombia Consumer Price Index Jan. 2019: 3.2% Colombia’s annual inflation rate was mostly unchanged in January, as more stable energy prices offset the rise in food prices. Russian Federation Consumer Price Index Jan. 2019: 5.0% The Russian consumer price index climbed 5% in January on a year-over-year basis, rising 0.7 points from the prior month's year-ago change and reaching its highest level of inflation in two years. Canada Building Permits Dec. 2018: 6.0% The value of building permits increased in December, driven by strength in multifamily and commercial construction intentions. United States Productivity and Costs 2018Q4: N/A The Bureau of Labor Statistics' release of fourth-quarter productivity and costs is slimmed down because of the government shutdown. United States International Trade (FT900) Nov. 2018: -$49.3 bil The U.S. trade deficit narrowed to $49.3 billion in November, according to data that was delayed by the partial government shutdown. Canada Purchasing Managers' Index Jan. 2019: 54.7 The Ivey Purchasing Managers' Index fell in January from 59.7 to 54.7. United States Oil Inventories February 01: 447.2 mil barrels U.S. crude oil inventories rose by 1.3 million barrels in the week ended February 1. Brazil Monetary Policy Feb. 2019: » VIEW MORE ECONOMIC INDICATORS |