| Today's Economy
Updated U.S. Risk Matrix: Geopolitical Tensions Flare The direct economic impact of a military conflict with Iran would be on the collective psyche, equity prices and oil prices. Europe Daily Briefing: Inflation Signs in the Euro Zone Core Preliminary estimates surprised with rising inflation in Germany and in France. Canada Weekly: What's in Store for 2020? Rising incomes are helping but households face the competing demand to repair their balance sheets., Geopolitical Risk Calendar: Phase One Trade Deal Is Already Making an Impact China’s soybean imports from the U.S. almost doubled from October to November. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Weekly Highlights and Preview, January 3, 2020 The Central Reserve Bank of Peru will keep rates on hold in its January meeting. Europe Weekly Highlights and Preview, 3 January, 2020 After the slowdown in industrial production in September and October, we expect output to pick up. Asia-Pacific Weekly Highlights and Preview, 3 January, 2020 China's consumer prices remained elevated in December, while exports likely improved a little. U.S. Economic Outlook 2020: Especially Muddled Geopolitical uncertainties remain serious threats. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
Vehicle Sales - AutoData
Dec. 2019:
Germany
Unemployment
Dec. 2019: 5.0%
The German unemployment rate stayed at 5% in December. United States
ISM - NY Report
Dec. 2019: 39.1
New York City closed 2019 on a less-than-stellar note, according to the December ISM-New York Report on Business. United States
ISM Manufacturing Index
Dec. 2019: 47.2
The December ISM manufacturing survey raises doubts that factory conditions were stabilizing. United States
Construction Spending (C30)
Nov. 2019: 0.6%
The value of U.S. construction put in place surprised to the upside in November. United States
Natural Gas Storage Report
December 27: -58 bil cubic feet
The decrease in natural gas inventories was slightly below analyst expectations, which will have a small negative impact on prices. United States
Oil Inventories
December 27: 429.9 mil barrels
The decline in crude oil inventories shattered analyst expectations, a plus for oil prices. Uruguay
Consumer Price Index
Dec. 2019: 8.8%
Uruguayan inflation accelerated slightly in December, rising to 8.8% from 8.4% in the prior month. United States
FOMC Minutes
Dec. 2019:
The minutes from the December Federal Open Market Committee meeting didn’t deviate from the central bank’s recent mantra that monetary policy is in a good place, but they added that the Fed's current stance will likely remain appropriate “for a time.” The bar for a hike is substantially higher than for a cut. » VIEW MORE ECONOMIC INDICATORS | 
