Today's Economy LatAm Daily Briefing: Expect a Currency Correction for the Mexican Peso If history repeats itself, the peso will soon undergo a revaluation. Europe Daily Briefing: Commission Publishes Energy Proposals The European Commission proposes measures to confront the energy crisis. Asia-Pacific Daily Briefing: Malaysia Posts Record Trade Surplus Imports fell harder than exports in month-on-month terms. LatAm Daily Briefing: What Are the Odds of a Recession in Latin America? The region’s recession risk hovers just below 50%. » VIEW MORE TODAY'S ECONOMY
Commentary Japan Risk Matrix: The Late Recovery Remains Fragile What could go wrong? Quite a lot, actually. 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. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia Foreign Trade Sep. 2022: MYR31.7 bil Malaysia’s foreign trade surplus surged in September to MYR31.7 billion, beating the December 2021 record of MYR31.5 billion. Austria Consumer Price Index Sep. 2022: 10.5% y/y Austria's year-on-year inflation rate stood at 10.5% in September, slightly higher than the reported August figure of 9.3%. United Kingdom Consumer Price Index Sep. 2022: 10.1% y/y CPI inflation accelerated again in September, rising to 10.1% from 9.9% in August, matching July's rate. Euro Zone Consumer Price Index Sep. 2022: 9.9% y/y The final release of September's euro zone HICP inflation rate was revised down to 9.9% y/y from a previous estimate of 10%. United States MBA Mortgage Applications Survey October 14: -4.5% The U.S. housing market is getting battered. United States New Residential Construction (C20) Sep. 2022: 1.439 mil, SAAR The U.S. housing market is feeling the effects of higher mortgage rates, reduced demand, and elevated construction costs. Canada Consumer Price Index Sep. 2022: 6.9% y/y September's Consumer Price Index release shows slowing inflation, but the deceleration was too mild to make a marked impact on consumers. Canada Industrial Product and Raw Materials Price Indexes Sep. 2022: 0.1% m/m The Industrial Product Price and Raw Material Price Indexes came in stronger in September after three consecutive months of declines. United States Moody's Analytics Inflation Expectations Pulse October 16: 2.68% Inflation expectations in the U.S. have stabilized of late. United States Oil Inventories October 14: 437.4 mil barrels A larger-than-expected decline in crude oil inventories could push up on oil prices slightly. United States Beige Book Oct. 2022: The U.S. economy advanced at a modest tempo, according to business anecdotes collected from the 12 Federal Reserve districts. Japan Foreign Trade Sep. 2022: Australia Employment Situation Sep. 2022: » VIEW MORE ECONOMIC INDICATORS |