| Today's Economy
Economic Roundup: Uh-Oh, Oil Higher oil prices will boost global inflation unless they reverse course soon. Europe Daily Briefing: Manufacturing Momentum Shifts into Lower Gear Industrial production pulled back in March. A JOLT-ing Experiment U.S. job opening data show distinctions among firm sizes and a widening gap between openings and hires. Asia-Pacific Daily Briefing: Australia's Infrastructure Budget Improving infrastructure is critical to Australia's future economic prosperity. » VIEW MORE TODAY'S ECONOMY
Commentary
GSE Reform Is Dead—Long Live GSE Reform! Time is running out for the U.S. Congress to pass legislation reforming Fannie Mae and Freddie Mac. Trump's Iran Oil Sanctions Won't Bite as Much as Obama's Withdrawal from the nuclear deal has already been priced in by traders. Global Outlook: Are Developed Economies Taking a Breather? Base effects ensure growth in most economies, but the U.S. will ease this year. U.S. Chartbook: In the Sweet Spot Unemployment would have to move even lower for the Fed to get overly concerned about labor market overheating. » VIEW MORE COMMENTARY
Today's Economic Indicators
France
Industrial Production
Mar. 2018: -0.4%
France's industrial production declined by 0.4% in month-ago terms in March, foiling our expectations of a 0.8% increase. Spain
Industrial Production
Mar. 2018: 1.2%
Exceeding our expectations, industrial production posted another strong performance in March, adding 1.2% in month-ago terms. Italy
Retail Sales
Mar. 2018: -0.6%
Italian retail sales ended the first quarter on a weak note. United States
MBA Mortgage Applications Survey
May 04: -0.4%
Mortgage applications decreased modestly last week, even though interest rates fell. United States
Producer Price Index
Apr. 2018: 0.1%
U.S. inflation pressures are developing but they are not an immediate concern. Canada
Building Permits
Mar. 2018: 3.1%
Canadian construction made up lost ground in March. Mexico
Consumer Price Index
Apr. 2018: 4.6%
Inflation continued to decline in April, as the comparison base benefits the annual growth rate. United States
Tech Pulse
Apr. 2018:
United States
Wholesale Trade (MWTR)
Mar. 2018: 0.3%
The inventory build is taking a breather. United States
Oil Inventories
May 04: 433.8 mil barrels
An unexpected decline in crude oil inventories will provide momentum for oil prices. China
Monetary Aggregates
Apr. 2018:
New Zealand
Monetary Policy
May. 2018:
Philippines
GDP
2018Q1:
China
Producer Price Index
Apr. 2018:
China
Consumer Price Index
Apr. 2018:
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