Today's Economy Economic Roundup: Will Powell Turn to Parenting 101? July is likely a done deal, but Powell will have to convince markets that future tantrums won't work. For Baa3 Issuers, Bond Market Says Ratings Too High, EDFs Suggest Ratings Too Low Perhaps bonds sense a worsening of credit fundamentals that EDFs have yet to detect. Europe Daily Briefing: Things Don't Look So Good in the U.K. Right Now Brexit woes and heightened fears of an economic slowdown continue to dominate the headlines. Asia-Pacific Daily Briefing: Malaysia's Got Room to Cut, but There Are Risks The ringgit has been amongst the worst performers in Southeast Asia this year. » VIEW MORE TODAY'S ECONOMY
Commentary 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. Global Outlook: Weakness, Uncertainty and Ructions Significant and unresolved geopolitical risks plague the world's economies. Credit Unions: Ready for the Downturn? With challenging new accounting standards on the horizon, loan portfolios have topped $1 trillion. » VIEW MORE COMMENTARY
Today's Economic Indicators
Italy Retail Sales May. 2019: -0.7% Italy’s retail sales fell 0.7% m/m in May. United States NFIB Small Business Survey Jun. 2019: 103.3 Sentiment will play an important role in determining whether the recent deceleration in the U.S. economy is orderly or turns into something more significant. Mexico Consumer Price Index Jun. 2019: 3.95% Mexico’s inflation returned to its upper limit for the second time this year in June after a rebound in previous months. Canada Housing Starts Jun. 2019: 246 ths Residential construction in Canada took a big step forward in June. Canada Building Permits May. 2019: -13.0% British Columbia's sharp pullback in permitting activity weighed down the national total. United States Job Openings and Labor Turnover Survey May. 2019: 4.6% openings rate Labor market dynamics, as presented in the Job Openings and Labor Turnover Survey, took a small step down in May, consistent with payroll employment. United States Moody’s Analytics Policy Uncertainty Index July 05: 131.1 The four-week moving average in our U.S. policy uncertainty index increased from 130.9 to 131.1 in the week ended July 5. United States California Manufacturing Survey 2019Q3: 63.3 The California Purchasing Managers' Composite Index, measuring overall manufacturing activity, was unchanged at 63.3, indicating that producers expect the industry to expand at the same pace in the third quarter. China Foreign Trade Jun. 2019: South Korea Employment Jun. 2019: China Consumer Price Index Jun. 2019: China Producer Price Index Jun. 2019: » VIEW MORE ECONOMIC INDICATORS |