Today's Economy Economic Roundup: Every Hand Isn't a Winner U.S. and China taking trade gambles. Europe Daily Briefing: Euro Zone Inflation Pressures Build Markets needn't be alarmed. Major Latin American Currencies Under Pressure Argentina, Brazil and Mexico are affected by external and domestic factors. Canada Weekly: Housing Fatigue A growing number of forces will drag down growth in the housing market over 2018. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, June 15, 2018 The week ahead won't match the week that was. Macro Roundup: China’s Miserable May The PBoC is walking a tough road; trade tensions threaten already softer conditions. South Korea Outlook: Riding the Tech Cycle The country has enjoyed a good run of growth, but activity is cooling in 2018. Europe Weekly Highlights and Preview, 15 June, 2018 We have yet to see the immediate impact of the latest round of sanctions announced by the U.S. on Russian firms. » VIEW MORE COMMENTARY
Today's Economic Indicators
World Moody's Analytics Global GDP 2018Q1: 3.1% The global economy slowed a notch in the first quarter, but there isn’t any immediate cause for concern. Japan Monetary Policy Jun. 2018: ¥80 tril. The Bank of Japan expectedly kept monetary settings on hold following its June policy meeting and became less optimistic on the inflation outlook. Canada RPS House Price Index May. 2018: 0.6% The house market is beginning to deflate as mortgage regulations restrain consumer demand. Italy Consumer Price Index May. 2018: 1.0% Italy’s annual harmonized EU inflation accelerated to 1% y/y in May, slightly below initial estimates. Euro Zone Consumer Price Index May. 2018: 1.9% Euro zone annual harmonized inflation accelerated to 1.9% in May, from 1.3% in April, in line with the consensus and the initial estimate. Euro Zone External Trade Apr. 2018: €16.7 bil The euro zone’s external trade surplus expanded at the start of the second quarter, to €16.7 billion from €15.7 billion a year ago. Russian Federation Monetary Policy Jun. 2018: 7.25% The Bank of Russia kept the key rate unchanged at 7.25% citing inflationary risks stemming from rising oil prices, depreciation of the ruble, and pro-inflationary fiscal policy changes. Peru Unemployment May. 2018: 6.6% The job market in metropolitan Lima is on the mend. United States NY Empire State Manufacturing Survey Jun. 2018: 25 New York's manufacturers are still feeling good about current and future prospects, based on the June Empire State Manufacturing Survey. Canada International Transactions in Securities Apr. 2018: C$9.1 bil Foreign investors resumed their purchases of Canadian bonds after several quiet months, favoring private corporate bonds. Canada Survey of Manufacturing Apr. 2018: -1.3% Manufacturing sales fell 1.3% to C$56.2 billion in April, the first decline in three months. United States Industrial Production May. 2018: -0.1% Industrial production lost 0.1% in May, marking the first decline in four months. United States Regional and State Employment May. 2018: The May job numbers for state and regional economies echo those released a couple of weeks ago for the nation as a whole; they show the realities of an economy operating beyond full employment, with unemployment plumbing new cycle and decade lows as firms struggle to attract and retain qualified workers. United States University of Michigan Consumer Sentiment Survey Jun. 2018: 99.3 The June preliminary consumer sentiment index rose 1.3 points according to the University of Michigan, rising to 99.3, rebounding from last month’s 0.8-point drop. United States ECRI Weekly Leading Index June 08: 149.3 The U.S. economy continues its strong showing, and economic prospects over the coming quarters are good. Colombia Industrial Production Apr. 2018: 10.5% Manufacturing output expanded 10.5% y/y in April, after contracting 1.2% in the previous month. United States Treasury International Capital Flows Apr. 2018: $93.9bil Net long-term inflows accelerated in April. » VIEW MORE ECONOMIC INDICATORS |