Today's Economy Capital Markets View: Looking Ahead to the July FOMC Meeting The Fed is expected to hike rates by 75 basis points while Powell will be coy about the next move. Europe Daily Briefing: Germany Bails Out Energy Giant Uniper is bailed out; price hikes are on the way. LatAm Daily Briefing: No Easy Answers Rash policies and global economic turmoil have contributed to the region’s bleak outlook. Inside Economics Podcast: Episode 68—Firewall and Faltering Feelings Will U.S. consumers hold back recession? » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, July 25, 2022 We'll get a first look at second-quarter GDP, which likely fell, and the Fed, again, will hike interest rates. U.S. Chartbook: Looking for Clues There is growing evidence that the U.S. economy is slowing. Euro Zone Inflation Tracker: Record-Breaking Energy prices remained the driver during June. ECB Introduces a Transmission Protection Instrument A new tool for fighting blowouts among government bond yields is unlikely to prevent gradual or localized widening of spreads. » VIEW MORE COMMENTARY
Today's Economic Indicators
Singapore Consumer Price Index Jun. 2022: 6.7% y/y Singapore’s June CPI rose by 6.7% y/y, surging past our expectations for a 6.2% rise. Taiwan (China) Industrial Production Jun. 2022: 0.7% Taiwan’s industrial production grew 0.7% year on year in June, compared with a revised 4.1% y/y growth reading in May. Hong Kong SAR (China) Foreign Trade Jun. 2022: -HK$68.5 bil Hong Kong posted an HKD68.5 billion deficit in June— higher than our expected trade deficit of HKD35 billion. Mexico Economic Activity Index May. 2022: 2.1% y/y Mexico’s economy advanced in May in annual terms, though it is still underperforming. United States Chicago Fed National Activity Index Jun. 2022: -0.19 The Chicago Fed National Activity Index was unchanged in June at -0.19, the same as the downwardly revised May figure. World Moody's Analytics Survey of Business Confidence July 22: -2.3 Global businesses remain on edge, as has been the case since the start of the year. United States Texas Manufacturing Outlook Survey Jul. 2022: -22.6 Texas factory activity continued to be weak in July. South Korea GDP 2022Q2: » VIEW MORE ECONOMIC INDICATORS |