Today's Economy Asia-Pacific Daily Briefing: The BoJ Is Dancing on Its Own A rise in the yield to around 0.2% will be tolerated, up from the 0.1% allowance in July. Europe Daily Briefing: Don't Overread August's Jump in U.K. Inflation The spike was largely due to sectoral volatility, and that won't last. Shrinkage of High-Yield Bonds Outstanding Thins the High-Yield Spread U.S. and Chinese equities get a small lift from trade news. Economic Roundup: The New Tariff in Town President Trump will impose tariffs on $200 billion worth of Chinese goods imports next week. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Macro Outlook: Mistakes Will Happen Risk-taking, leveraged lending and fiscal and monetary policy bear watching for missteps. Malaysia State of Play: Navigating Through Global Ructions It has been an eventful 2018 for Malaysia, and downside risks plague the outlook. Australia Housing Outlook: The Correction Home values will decline through most of 2019, with Sydney the main drag, after exceptional gains. Stress-Testing States 2018 U.S. states on the whole are better prepared than in the past for a downturn, but some are significantly unprepared. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan Monetary Policy Sep. 2018: ¥80 tril. The Bank of Japan expectedly kept monetary settings unchanged at the September monetary policy meeting, after introducing various changes in July. Thailand Monetary Policy Sep. 2018: 1.5% The Bank of Thailand kept its key policy rate at 1.5% at its September policy-setting meeting. United Kingdom Consumer Price Index Aug. 2018: 2.7% The U.K.’s consumer price inflation beat all expectations and rose to 2.7% in August, its highest in six months, from 2.5% in July. United States MBA Mortgage Applications Survey September 14: 1.6% Mortgage applications ticked up last week, although gains were insufficient to counter the ebb in mortgage filings since late June. United States New Residential Construction (C20) Aug. 2018: 1.282 mil Residential construction momentarily bounced back in August, with housing starts increasing 9.2% from the revised July total and 9.4% from August 2017. United States Current Account 2018Q2: -$101.5 bil The current account deficit narrowed sharply in the second quarter, decreasing $20.3 billion to $101.5 billion. Russian Federation Retail Sales Aug. 2018: 2.8% Retail trade logged a 3.6% increase in August after a similar gain in July. Russian Federation Unemployment Aug. 2018: 4.6% Russian unemployment dipped 0.1 percentage point in August, falling to a record low 4.6%. United States Oil Inventories September 14: 394.1 mil barrels A smaller than expected decline in crude oil inventories will put downward pressure on prices. United States Moody’s Analytics Policy Uncertainty Index September 14: 104.0 U.S. economic policy uncertainty is declining, but it remains higher than normal, which is not surprising given the lingering trade tensions. Argentina GDP 2018Q2: -4.2% Argentina's economy contracted 4.2% y/y in the second quarter, after expanding 3.9% in the previous quarter. Brazil Monetary Policy Sep. 2018: New Zealand GDP 2018Q2: » VIEW MORE ECONOMIC INDICATORS |