Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Monday, October 28, 2019

Today's Economy


Argentina’s Opposition Wins Presidential Election

The central bank tightened capital controls following the results.

Asia-Pacific Daily Briefing: Time to Change the Conversation in Japan

Looking at alternatives to monetary policy to reinvigorate Japan's growth is a worthy endeavor.

Average EDF-Implied Rating of Baa3 Issuers Improves

The implied EDF ratings of the 86 Baa3 credits averaged nearly Baa2.

Economic Roundup: Next Week Is a Doozy

The lineup features Brexit, U.S. GDP, employment, and the FOMC.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Weekly Highlights and Preview, October 28, 2019

We expect the Fed to cut rates by 25 basis points.

U.S. Employment Outlook: Not Too Cool, Not Too Hot

The deceleration in job growth is likely to persist into next year.

Europe Weekly Highlights and Preview, 25 October, 2019

The EU has agreed to extend the Brexit deadline, but has yet to set a new departure date.

Latin America Economic Preview: 28 October - 1 November

Monetary policy will be eased in Brazil and stay unchanged in Colombia.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Germany
Retail Sales
Sep. 2019:

Mexico
Trade Balance
Sep. 2019: -US$116.2 mil
Mexico’s trade balance turned negative in September, as exports contracted.

United States
Advance Wholesale and Retail Inventories
Sep. 2019: -0.3%
Wholesale stockpiles declined at the end of the third quarter, but this may be good news, as inventories have been bloated for more than a year.

United States
International Trade in Goods - Advanced
Sep. 2019: -$70.4 bil
The nominal goods deficit narrowed as imports declined by more than exports.

United States
Chicago Fed National Activity Index
Sep. 2019: -0.45
The pace of U.S. economic activity slowed in September.

World
Moody's Analytics Survey of Business Confidence
October 25: 13.5
Global business sentiment remains weak.

United States
Texas Manufacturing Outlook Survey
Oct. 2019: -5.1
Texas factory activity slowed significantly in October.

» VIEW MORE ECONOMIC INDICATORS

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