Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Friday, July 20, 2018

Today's Economy


Economic Roundup: As Trump Says More, Fed Can Say Less

The U.S. central bank can counter to the president's criticism; hopefully it won't need to.

Canada Weekly: Autos, Both Foreign and Domestic

Threats of U.S. vehicle tariffs are spoiling the great news from dealerships.

Does the Fed Have a Counter Punch to Trump's Jab?

The central bank will play it cool but should consider dialing back its forward guidance.

Europe Daily Briefing: Inflation Is Russia's Bugbear

The central bank will likely stay on the sidelines for now.

» VIEW MORE TODAY'S ECONOMY



Commentary


Japan Outlook: Tiptoeing Around Trade Wars

The economy remains in a cyclical upswing despite increasing downside risks.

Europe Weekly Highlights and Preview, 20 July, 2018

A jump in euro zone headline inflation gives the ECB cover to proceed with tapering plans.

Macro Roundup: Don’t Forget China’s Role in the Supply Chain

The casualties from U.S. tariffs on Chinese goods extend to many other countries.

Latin America Economic Preview: 23-27 July

Activity moderates in Mexico and contracts in Argentina.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Indonesia
Monetary Policy
Jul. 2018: 5.25%
Bank Indonesia appears comfortable with its recent hikes, as it left the policy rate unchanged at 5.25%, after the previous meeting’s 50-basis point hike.

Canada
Consumer Price Index
Jun. 2018: 2.5%
Inflation is heating up, accelerating to its fastest pace since February 2012.

Canada
Retail Trade
May. 2018: 2.0%
Retail sales rose 2% in May to C$50.8 billion, more than making up for the decline in April and resuming their hot streak.

United States
Industry GDP
2018Q1: 1.9 ppt, SAAR
The U.S. economy is doing well and the breadth of growth in the first quarter was decent.

United States
Regional and State Employment
Jun. 2018:
The country’s labor market ended the second quarter on a strong note, with employment numbers for state and regional economies for June echoing those released a couple of weeks ago for the nation as a whole; they show the realities of an economy operating beyond full employment as firms struggle to fill open positions with qualified workers.

United States
ECRI Weekly Leading Index
July 13: 148.3
The U.S. economy is healthy and the near-term outlook is bright.

» VIEW MORE ECONOMIC INDICATORS

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