| Today's Economy
Europe Daily Briefing: Brexit Woes for EU Firms, Not U.K. Banks Chances of a no-deal Brexit have risen, with Johnson favoured to become prime minister. Asia-Pacific Daily Briefing: Japan and South Korea's Damaging Dispute The flare-up of tensions demonstrates the vulnerability of globally integrated supply chains. Powell’s Testimony Ends a Three-Day Losing Streak for Corporate Bond ETFs Corporate bond ETFs moved higher despite a slight uptick by longer-dated Treasury bond yields. Economic Roundup: Powell Speaks and Removes All Doubt Fed is going to cut in July. » VIEW MORE TODAY'S ECONOMY
Commentary
Debt Ceiling Tracker: Uh-Oh The Treasury may run out of cash in the first half of September. China's Door Opens a Bit Wider to Foreign Financial Services The globalization of China’s financial markets will create a number of benefits. Road to Recession: No Repeal of the Business Cycle With this latest update, we have added several new features. U.S. Chartbook: Labor Market Roller Coaster No red flags, but manufacturing warrants a close watch. » VIEW MORE COMMENTARY
Today's Economic Indicators
World
Moody's Analytics Global CPI
Jun. 2019: 0.1%
Growth in global consumer prices moderated in June and the lingering weakness in developed economies has fanned some of the dovish rhetoric coming out of central banks. Germany
Consumer Price Index
Jun. 2019: 1.6%
Final numbers confirmed that Germany’s headline inflation climbed to 1.6% y/y in June from 1.4% in May. France
Consumer Price Index
Jun. 2019: 1.4%
France's EU-harmonized inflation rate ticked up to 1.4% y/y in June after hitting 1.1% in May, which marked the lowest reading since September 2017. Brazil
Retail Sales Index
May. 2019: 1.0%
Brazil's retail consumption continued to advance gradually in May as the economy continues to underperform. Canada
New Housing Price Index
May. 2019: 0.0%
New-house prices in Canada have not broken out of their funk yet. United States
Jobless Claims
July 06: 209,000
Jobless claims are still signaling that all is well with the U.S. labor market. United States
Consumer Price Index
Jun. 2019: 0.1%
Although consumer prices rose more than anticipated in June, they won’t have an effect on the outcome of the Federal Open Market Committee meeting later this month since a rate cut is tied to downside risks and uncertainty surrounding the economy. United States
St. Louis Fed Financial Stress Index
July 05: -1.38
Financial market stress eased for the fourth straight week behind improving market sentiment. United States
Natural Gas Storage Report
July 05: 81 bil cubic feet
The increase in U.S. natural gas inventories beat analyst expectations, which will apply downward pressure on prices. China
Monetary Aggregates
Jun. 2019:
China
Foreign Trade
Jun. 2019:
Singapore
GDP - Advanced
2019Q2:
United States
Treasury Budget
Jun. 2019: -$8.5 bil
The federal government has incurred a cumulative budget deficit of $747.1 billion in the first nine months of fiscal 2019, compared with $607.1 billion over the same period last fiscal year. » VIEW MORE ECONOMIC INDICATORS | 
