Today's Economy Capital Market View: Jump in U.S. Corporate Bond Spreads Won't Deter Fed The widening in spreads hasn't bitten too much into issuance, which is key. LatAm Daily Briefing: IMF Set to Approve Argentina’s Deal The government gets a much-needed second chance at fiscal relief. Europe Daily Briefing: Euro Zone Construction Output Gains in January Construction rebounded 3.9% m/m in January across the euro zone. Asia-Pacific Daily Briefing: RBA Stays the Course We expect an Australian rate hike in August as supply-side inflation heats up. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Credit Outlook: Pressing Pause Signs of stress are beginning to creep into the data. U.S. Weekly Highlights and Preview, March 21, 2022 New-home sales are estimated to have declined in February. U.S. Chartbook: Further Turbulence Inflationary pressures are building despite a waning pandemic. This Week in the Economy Handicapping the U.S. outlook has gotten especially difficult with the Russian invasion of Ukraine and the spike in oil and other commodity prices. » VIEW MORE COMMENTARY
Today's Economic Indicators
Finland Unemployment rate Feb. 2022: 6.7% Finland’s not seasonally adjusted unemployment rate dropped to 6.7% in February from 8.3% a year earlier. United States Philadelphia Fed Nonmanufacturing Survey Mar. 2022: 38.1 Nonmanufacturing activity in the Federal Reserve’s Third District expanded impressively in March. Canada Industrial Product and Raw Materials Price Indexes Feb. 2022: 3.1% m/m Soaring energy prices, spurred higher by the escalating geopolitical conflict in Eastern Europe, propelled producer prices to their largest monthly gain in more than 42 years. United States Richmond Fed Manufacturing Survey Mar. 2022: 13 Manufacturing activity in the Richmond Federal Reserve District improved in March. » VIEW MORE ECONOMIC INDICATORS |