| Today's Economy
Europe Daily Briefing: The ECB Plays for Time The bank will provide more clarity on its guidance and outlook in March. U.S. Backs Venezuela’s Opposition Leader Markets saw an increased likelihood of a government transition. U.S. Economic Data Affected by Partial Government Shutdown for 1/24/19 Industry GDP will not be released. Asia-Pacific Briefing: Philippines Limps to the 2018 Finish Line Manufacturing and investment continued to disappoint in the fourth quarter. » VIEW MORE TODAY'S ECONOMY
Commentary
The UAE Prospects Beyond Oil The nonoil sector is slowly growing, but the gains are uneven across industries. Australia Housing Outlook: The Ongoing Correction Sydney and Melbourne will continue driving the slowdown in 2019. U.S. Chartbook: Shutdown Will Sting The costs of the partial government shutdown appear to be spreading. U.S. Housing Outlook: The Job Market Effect Slow house price appreciation hampers job growth in many professions. » VIEW MORE COMMENTARY
Today's Economic Indicators
Euro Zone
Monetary Policy
Jan. 2019: 0.0%
As expected, the European Central Bank left its policy rates unchanged at its January meeting. United States
Jobless Claims
January 19: 199,000
Jobless claims plunged for the third consecutive week, squashing any fears that the labor market is running out of steam. Mexico
Economic Activity Index
Nov. 2018: 1.8%
As expected, economic activity continued to decelerate in November, slowed by the political transition. United States
St. Louis Fed Financial Stress Index
January 18: -0.91
The St. United States
Conference Board Leading Indicators
Dec. 2018: -0.1%
The outlook for the U.S. economy has softened a bit. United States
Natural Gas Storage Report
January 18: -163 bil cubic feet
The decline in natural gas inventories was slightly greater than analyst expectations, which will put upward pressure on gas prices. United States
Oil Inventories
January 18: 445.0 mil barrels
A surprise increase in crude oil inventories will put downward pressure on oil prices. United States
Kansas City Fed Manufacturing Survey
Jan. 2019: 5
Manufacturing within the Tenth District remained in expansion territory in January. Argentina
Economic Activity Indicator
Nov. 2018: -7.5%
The statistics office’s monthly economic activity index fell 7.5% y/y in November after dropping 4.2% in the previous month. South Korea
Consumer Sentiment Index
Jan. 2019: 97.5
South Korea’s consumer sentiment index improved slightly to 97.5 points in January, higher by 0.6 points than in December. » VIEW MORE ECONOMIC INDICATORS | 
