Today's Economy Europe Daily Briefing: A More Optimistic Lagarde The euro zone’s economic outlook improved slightly since the ECB’s last meeting. Asia-Pacific Daily Briefing: Japan's Export Struggle The country recorded its 10th consecutive trade deficit in December. LatAm Daily Briefing: Colombia's Growth Remains Steady The economy expanded by an estimated 3.1% in 2019, up from 2.6% in 2018. Low Interest Rates Enhance Credit Quality Mortgage refinancing applications were up 98% from the prior year. » VIEW MORE TODAY'S ECONOMY
Commentary China Coronavirus Echos SARS The 2003 outbreak in Hong Kong caused short-term financial damage, but the economy was able to quickly rebound. In the U.S., What Solvent Will Erode This Teflon Market? Financial market conditions are boosting the economy, but for how long? U.S. Employment Outlook: More Jobs for Women The ascendancy of females in the labor force in recent years stems more from the composition of growth drivers. U.S. Chartbook: Retail's Strong December Industrial production fell as unseasonably warm weather reduced heating needs. » VIEW MORE COMMENTARY
Today's Economic Indicators
Indonesia Monetary Policy Jan. 2020: 5% Bank Indonesia kept the policy rate steady at 5% in January, where it has been since October. Euro Zone Monetary Policy Jan. 2020: 0.0% The European Central Bank kept its main policy rates unchanged at its January meeting, in line with our expectations. Russian Federation Industrial Production Dec. 2019: 2.1% Russian industrial production recovered meaningfully in December. United States Jobless Claims January 18: 211,000 Jobless claims inched up but remain very low. United States St. Louis Fed Financial Stress Index January 17: -1.57 Financial market stress fell to a record low last week. United States Conference Board Leading Indicators Dec. 2019: -0.3% Leading indicators point to further cooling in U.S. economic growth. United States Natural Gas Storage Report January 17: -92 bil cubic feet The decrease in natural gas inventories was slightly greater than analysts expected, which will apply modest upward pressure on gas prices. United States Oil Inventories January 17: 428.1 mil barrels Crude oil inventories declined last week, while analysts expected a build. United States Kansas City Fed Manufacturing Survey Jan. 2020: -1 Manufacturing activity contracted slightly in the Kansas City Fed District, with the composite index rising from -5 in December to -1 in January. Argentina Economic Activity Indicator Nov. 2019: -1.85% The statistics office’s monthly economic activity index dropped 1.9% y/y in November after falling 0.7% in the previous month. Argentina Retail Sales Index Nov. 2019: 61.9% The index that tracks nominal sales at Buenos Aires’ largest shopping centers increased 61.9% y/y in November, down from 62.3% in the previous month. New Zealand Consumer Price Index 2019Q4: 0.5% New Zealand's headline CPI grew by 0.5% q/q in the December quarter. Japan Consumer Price Index Dec. 2019: » VIEW MORE ECONOMIC INDICATORS |