Today's Economy Capital Market View: Booming Issuance, Low Default Rates The banner year for the U.S. corporate bond market continues. LatAm Daily Briefing: Argentina’s Political Landscape Shifts Opposition party Juntos por el Cambio is poised to take control ahead of the 2023 general elections. Europe Daily Briefing: Energy Lifts Spanish CPI Further Rising electricity prices charged Spain's August CPI release. Economic Roundup: Business Confidence Taking Delta in Stride There are signs that Delta is having economic costs but business confidence continues to hold up. » VIEW MORE TODAY'S ECONOMY
Commentary Global Vaccine Tracker Update: Better Protection This Fall As vaccines increase around the world, the worst symptoms of COVID-19 will be blunted. Footloose Inflation? Past U.S. Wars Suggest Otherwise U.S. fiscal policy during the pandemic has looked a lot like past bouts of wartime spending. U.S. Consumers That Benefited in 2020 Were Not Usual Suspects Government support during the pandemic turned economic losers into winners. Weak Demand and Rising Risks Hinder China’s Credit Expansion The shadow banking system could play a role in supplying credit to SMEs. » VIEW MORE COMMENTARY
Today's Economic Indicators
Finland Consumer Price Index Aug. 2021: 2.2% y/y Finland’s headline CPI accelerated to 2.2% y/y in August from 1.9% in July. Finland Retail Sales Jul. 2021: -1.0% m/m Finland's seasonally adjusted retail sales, excluding motor vehicles and motorcycles, decreased by 1% m/m in July, reversing the upwardly revised 1.4% increase in June. Spain Consumer Price Index Aug. 2021: 3.3% y/y Spain's consumer price index rose by 3.3% in yearly terms in August after a 2.9% gain in July. Sweden Consumer Price Index Aug. 2021: 2.1% y/y Sweden’s inflation rate increased to 2.1% y/y in August, up from 1.4% in July. United Kingdom Unemployment Jul. 2021: 4.6% U.K. unemployment declined to 4.6% in the three months to July from 4.8% in the previous stanza. United States NFIB Small Business Survey Aug. 2021: 100.1 U.S. small businesses were a little more upbeat in August, but this doesn’t alter our near-term outlook. United States Consumer Price Index Aug. 2021: 0.3% m/m Consumer prices increased slightly less in August than either we or the consensus projected. Canada Survey of Manufacturing Jul. 2021: -1.5% m/m Manufacturing lost some steam in July, with sales notching their third decline in the last four months. United States CreditForecast.com Household Credit Report Aug. 2021: 6.58% y/y The consumer credit market saw strong growth in August, increasing a total of $111 billion to $14.7 trillion in total outstanding debt. Argentina Consumer Price Index Aug. 2021: 51.4% y/y The Argentina statistics office’s national consumer price index increased 2.5% in August, down from 2.7% a year earlier. South Korea Employment Aug. 2021: Japan Machinery Orders Jul. 2021: China Fixed Asset Investment Aug. 2021: China Industrial Production Aug. 2021: China Retail Sales Aug. 2021: » VIEW MORE ECONOMIC INDICATORS |