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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.

Wednesday, October 05, 2022

Today's Economy


Is Q3 U.S. GDP Looking Better?

Growth is now tracking 2.2% but only 0.4% excluding net exports.

Capital Market View: OPEC+ Cuts Likely Not as Significant as They Appear

Oil prices have edged higher, but HY spreads should tighten and the hit to the economy is small.

Europe Daily Briefing: Euro Zone's Composite PMI Downgraded

Manufacturing and services PMIs contract further in September.

Asia-Pacific Daily Briefing: More Room in the Tank for RBNZ

New Zealand's central bank raised the official cash rate by 50 basis points to 3.5% after considering a 75-basis point move.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Chartbook: Turbulent Times

A natural disaster hits, inflation broadens, and financial market conditions tighten.

This Week in the Economy

Fault lines are forming under the global financial system and economy as the Federal Reserve ratchets up interest rates; policymakers must be careful not to trigger a financial earthquake.

Latin America Weekly Highlights and Preview, September 30, 2022

Retail spending rises strongly in Argentina but falls significantly in Chile.

Europe Weekly Highlights and Preview, 30 September, 2022

Dismal sentiments will complicate retail sales in the euro zone.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Thailand
Consumer Price Index
Sep. 2022: 6.4% y/y
Thailand's inflation rose by 6.4% y/y in September, easing from 7.9% the previous month.

Singapore
Retail Sales
Aug. 2022: 13.0%
Singapore’s retail sales were up by 13% y/y in August, easing slightly from July’s 13.9% rise.

France
Industrial Production
Aug. 2022: 2.4% m/m
France's industrial production rebounded in August.

Colombia
Consumer Price Index
Sep. 2022: 11.4% y/y
Colombia’s annual inflation rate continued to accelerate in September because of rising energy and food prices.

United States
MBA Mortgage Applications Survey
September 30: -14.2%
The U.S. housing market is going through a substantial correction.

Brazil
Industrial Production
Aug. 2022: 1.4% y/y
Brazil’s industrial production advanced positively in August, still at a moderate annual pace.

Canada
International Merchandise Trade
Aug. 2022: C$ 1.52 bil
Canada's merchandise exports slipped by 2.9% in August, marking the second monthly decline in exports this year.

Canada
Building Permits
Aug. 2022: 11.9% m/m
Building permits rose sharply in August after multiple negative or flat months.

United States
International Trade (FT900)
Aug. 2022: -$67.4 bil
The U.S. nominal trade deficit continues to narrow, and it should be a positive for third-quarter GDP growth.

United States
ISM Nonmanufacturing Index
Sep. 2022: 56.7
The U.S. nonmanufacturing sector expanded in September for the 28th consecutive month, but the breadth of growth was slightly narrower than in the prior month.

United States
Moody's Analytics Inflation Expectations Pulse
October 02: 2.68%
The benchmark 10-year IEP inched down modestly in the week ended October 2, from 2.69% to 2.68%.

United States
Oil Inventories
September 30: 429.2 mil barrels
An unexpected decline in crude oil inventories could apply some upward pressure on oil prices.

United States
Moody’s Analytics Policy Uncertainty Index
September 30: 347.8 4-wk MA
The four-week moving average in our U.S.

Australia
Datium Insights - Moody’s Analytics Used Vehicle Price Index
Sep. 2022: 14.6% y/y
Used-vehicle prices decreased for the fourth consecutive month.

Russian Federation
GDP
2022Q2: -4.1% y/y
Following unprecedented sanctions imposed by the West, the Russian economy started to decline and entered a large-scale structural transformation.

Uruguay
Consumer Price Index
Sep. 2022: 9.95% y/y
The consumer price index in Uruguay climbed to a new high, recording 9.95% y/y in September, propelled by increased food prices, housing and healthcare.

Australia
Foreign Trade
Aug. 2022:

» VIEW MORE ECONOMIC INDICATORS

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