Today's Economy LatAm Daily Briefing: What Are the Odds of a Recession in Latin America? The region’s recession risk hovers just below 50%. Europe Daily Briefing: Investor Confidence Barely Improved The ZEW index for the euro zone inches higher, but still reflects significant uncertainty. Asia-Pacific Daily Briefing: Aussie and Kiwi Central Banks Press On New Zealand CPI came in hotter than expected while RBA dropped some hawkish sentiment. Economic Roundup: More on the September U.S. CPI Goods disinflation is here but not for services, giving the Fed a headache. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, October 17, 2022 Our baseline forecast is still for the Fed to engineer a soft landing and the economy to skirt a recession. U.S. Wholesale Used-Vehicle Prices Slide Again September marked the seventh consecutive monthly decline. U.S. Chartbook: Run, Inflation, Run! A hot CPI report quells notions that the Fed will soon slow interest rate hikes. Latin America Weekly Highlights and Preview, October 14, 2022 The Central Bank of Chile tightened monetary conditions this month as inflation remains in the double digits. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada Housing Starts Sep. 2022: 300 ths Canada's residential construction data for September came in much stronger than in August. Canada International Transactions in Securities Aug. 2022: C$22.0 bil A combination of foreign investment growth and reduced holdings abroad triggered a net inflow of funds to Canada. United States Industrial Production Sep. 2022: 0.4% m/m In September, U.S. industrial production climbed 0.4%, a healthy bit above consensus forecast of 0.1% growth in the month. United States NAHB Housing Market Index Oct. 2022: 38 Homebuilder confidence dropped 8 points to 38 in October. United States Moody’s Analytics Policy Uncertainty Index October 14: United States Median usual weekly earnings 2022Q3: 6.9% y/y United States Treasury International Capital Flows Aug. 2022: $197.9 bil Net long-term capital flows accelerated in August, with net inflows totaling $197.9 billion after registering inflows of $21.4 billion in July. » VIEW MORE ECONOMIC INDICATORS |