Today's Economy Economic Roundup: A Tale of Two Surveys Payrolls increased more than expected, but household employment dropped. Geopolitical Risk Calendar: Brazilian Elections Not Disputed The incumbent president conceded and urged his supporters to respect the vote. Canada Weekly: Avoiding Investors’ Ire Without energy, Canada's current account deficit will garner more concern. Europe Daily Briefing: German Factory Orders Nosedive New factory orders take a steep hit in Germany. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Jobs Report Cont'd: October Update The strength of the U.S. labor market will keep the Fed from making dovish turns anytime soon. Latin America Weekly Highlights and Preview, November 4, 2022 No relief from inflation in Peru and deteriorating activity in Chile. Europe Weekly Highlights and Preview, 4 November, 2022 Services will keep its head above water, but sales and consumer confidence will flounder. Regional Inflation Shifts Arrive in Time for Midterms Mountain West costs are now rising most quickly, but the implications for elections remain murky. » VIEW MORE COMMENTARY
Today's Economic Indicators
Singapore Retail Sales Sep. 2022: 11.2% Singapore’s retail sales were up by 11.2% year on year in September, a touch below August’s 13% year-on-year increase. France Industrial Production Sep. 2022: -0.8% m/m France's industrial production ran into trouble in September. Spain Industrial Production Sep. 2022: -0.3% m/m In seasonally adjusted and calendar-adjusted terms, Spain’s industrial production contracted 0.3% month over month in September. Canada Labor Force Survey Oct. 2022: 5.2% Better-than-expected jobs numbers will give the green light to the Bank of Canada to push ahead with more rate hikes. United States Employment Situation Oct. 2022: 261,000 m/m The October employment report sent mixed messages with a healthy payroll report negated by a weak household report. Canada Purchasing Managers' Index Oct. 2022: 50.1 The Ivey Purchasing Managers' Index fell from 59.5 in September to 50.1 in October, right above the cutoff that demarcates the fine line between expansionary and contractionary economic activity. United States Moody’s Analytics & CNN Business Back-to-Normal Index November 02: 91.2 The Moody’s Analytics Back-to-Normal Index slid 1.1 points this week, from a revised 92.3 to 91.2. Uruguay Consumer Price Index Oct. 2022: 9.05% y/y Inflation in Uruguay rose 9.05% y/y in October, the lowest rate since March. » VIEW MORE ECONOMIC INDICATORS |