Today's Economy Economic Roundup: Republicans Take White House and Senate Former President Trump will return to the White House and his party will control the U.S. Senate. LatAm Daily Briefing: Implications of Trump’s Win The incoming administration’s likely trade and immigration policies would rock the region. Orders Up! German factory orders jumped in the third quarter, but a further recovery is needed. Europe Daily Briefing: Better PMIs The purchasing managers' index for the euro zone rose, but results for its major economies were mixed. » VIEW MORE TODAY'S ECONOMY
Commentary Europe Braces for Impact of U.S. Elections A second Trump presidency will weigh on Europe's economic growth. Final Thoughts on Election Day The U.S. presidential race is as close as can be while Republicans have a clear path to victory in the Senate. U.S. Chartbook: Context Is Key Natural disasters and the Boeing strike weighed down October’s employment report. U.S. Federal Budget: A Review of Fiscal Year 2024 Congress will need to act in coming sessions to make progress toward fiscal sustainability. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia Monetary policy Nov. 2024: 3% Bank Negara Malaysia met expectations and held its overnight policy rate at 3% at its November meeting. Taiwan (China) Consumer Price Index Oct. 2024: 1.7% y/y Taiwan’s inflation cooled to 1.7% year on year in October from September’s 1.8%, more than we and the consensus expected. Canada Purchasing Managers' Index Oct. 2024: 52.0 In October, the Ivey Purchasing Managers’ Index edged down to 52 from 53.1. United States Oil Inventories November 01: 427.7 mil barrels Oil inventories built by 2.1 million barrels in the week ended November 1, besting consensus expectations of unchanged stockpiles. United States MBA Mortgage Applications Survey November 01: -10.8% Rising bond yields continue to lift interest rates, weighing on mortgage activity. Brazil Foreign Trade Oct. 2024: US$4.343 bil Brazil’s trade balance remained positive in October despite the solid advance in imports, although the surplus has shrunk from what was reported in the same period last year. United States Semiconductor Billings Sep. 2024: 4.1% Global semiconductor billings growth accelerated in September, which was in line with our expectations of further growth. Australia Datium Insights - Moody’s Analytics Used Vehicle Price Index Oct. 2024: -4.7% y/y Brazil Monetary Policy Nov. 2024: Australia Foreign Trade Sep. 2024: Philippines GDP 2024Q3: China Foreign Trade Oct. 2024: » VIEW MORE ECONOMIC INDICATORS |