| Today's Economy
Final Thoughts Ahead of April’s CPI We expect a below-consensus 0.2% increase in the headline and core CPI in April. Economic Roundup: Sign of Relief The U.S. and China have reached a temporary agreement, simmering trade tensions. LatAm Daily Briefing: Copper Tariffs Could Hurt Chile and Peru The prospect of U.S. copper tariffs is not a good thing for top global producers Chile and Peru. Europe Daily Briefing: A Weekend of Hopeful News Ukraine and Russia to meet in Istanbul, U.S.-China trade deal announced. » VIEW MORE TODAY'S ECONOMY
Commentary
Euro Zone Risk Matrix: Hopeful Talks Progress in U.S.-China trade talks lifts hopes for better trade outlook in Europe. U.S. Weekly Highlights and Preview, May 9, 2025 Following a 0.1% decline in prices in March, we expect inflation picked up in April, rising 0.2%. Trade War Tracker: A First Deal but Not a Big Deal The negotiations with the U.K. are more symbolic than economically material. Latin America Weekly Highlights and Preview, May 9, 2025 Mexican industrial production likely posted a modest annual increase of 0.8% in March. » VIEW MORE COMMENTARY
Today's Economic Indicators
Denmark
Consumer Price Index
Apr. 2025: 1.5% y/y
Danish headline CPI growth measured 1.5% y/y in April, unchanged from March. Mexico
Industrial Production
Mar. 2025: 1.9% y/y
Industrial production improved in March, on an annual basis, mainly benefited by the calendar effect of this year's Easter week. World
Moody's Analytics Survey of Business Confidence
May 09: 10.2
Global business sentiment has flagged as the global trade war has intensified. United States
Cox Automotive/Moody’s Analytics Vehicle Affordability Index
Apr. 2025:
Canada
RPS House Price Index
Apr. 2025: 2.6% y/y
While Canada's major housing markets experienced a marginal 0.3% price increase in April, building on the previous month's 0.2% rise after a period of decline, the overall year-over-year change continued its downward trend, settling at 2.6%. United States
Treasury Budget
Apr. 2025: $258.4 bil
The U.S. federal government recorded a budget surplus of $258.4 billion in April, $48.9 billion larger than in the same month last year. » VIEW MORE ECONOMIC INDICATORS | 
