Today's Economy Economic Roundup: Not Enough to Sway the Fed Firming U.S. inflation will not divert the Federal Reserve from its current course. Budget Deadlines on Collision Course With Impeachment Hearings U.S. lawmakers must pass another short-term spending bill next week to prevent a shutdown. LatAm Daily Briefing: Trade Winds, Unrest Hammer Currencies We expect further weakness as global growth falters and commodity prices scrape recent lows. Europe Daily Briefing: Be Careful With Those Inflation Numbers U.K. headline inflation slid further below target, while core inflation held steady. » VIEW MORE TODAY'S ECONOMY
Commentary LatAm Macro Roundup: Mexico’s Malaise Barring measures to restore confidence, the country's economic slump will stretch into next year. Trade Troubles on the Farm Recent data highlight the extent of the trade war’s damage to the U.S. farm sector. U.S. Chartbook: No Warning Bells Minor disappointments indicate a slowing economy but are not a cause for alarm. Argentina Outlook: Recession Continues The new administration must quickly negotiate with debt holders. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada RPS House Price Index Oct. 2019: 2.4% House prices rose 0.1% in October across the 13 largest Canadian markets, causing year-ago price growth to rise to 2.4% from 2% in September. Germany Consumer Price Index Oct. 2019: 1.1% German headline consumer inflation decelerated to 1.1% y/y in October from 1.2% in September. United Kingdom Consumer Price Index Oct. 2019: 1.5% The U.K.’s CPI inflation cooled to 1.5% y/y in October from 1.7% in September, below our expectations and marking the lowest reading since November 2016. Euro Zone Industrial Production Sep. 2019: 0.1% Euro zone industrial production added 0.1% m/m in September, building on a 0.4% rise in August and beating the consensus for a decline. Brazil Retail Sales Index Sep. 2019: 2.1% Household consumption continued to advance in September as the economy remained in positive territory. India Consumer Price Index Oct. 2019: 4.6% Inflation is picking up steam and India's CPI growth accelerated to 4.6% in October from 4% the prior month, coming in higher than the Reserve Bank of India's target for the first time this year. United States MBA Mortgage Applications Survey November 08: 9.6% Mortgage applications jumped up 9.6% over the week of November 8, with both the refinance and purchase indexes moving up. United States Consumer Price Index Oct. 2019: 0.4% U.S. consumer prices perked up in October but won’t cause the Federal Reserve to start debating raising interest rates. United States Treasury Budget Oct. 2019: -$134.5 bil October marks the beginning of fiscal 2020. Japan GDP 2019Q3: Australia Employment Situation Oct. 2019: China Fixed Asset Investment Oct. 2019: China Industrial Production Oct. 2019: China Retail Sales Oct. 2019: » VIEW MORE ECONOMIC INDICATORS |