| Today's Economy
Europe Daily Briefing: French Consumers Buck the Trend U.K. stocks, sterling, and consumers are taking a beating. Asia-Pacific Daily Briefing: The RBNZ's a Swift Operator Central banks in New Zealand and Thailand held steady, but further cuts are in the wings. Yields That Are Less Than Coupons Spur Corporate Bond Issuance The recent bond average yield of 5.55% was 80 bps under the average coupon of 6.35%. Economic Roundup: U.S. Consumers Less Cheery in September Sentiment is not raising a red flag, but it's worth watching. » VIEW MORE TODAY'S ECONOMY
Commentary
Middle East Outlook: Heavy Cost of Regional Tensions Increasing strains and a slowing global economy don’t bode well for the region. Chilean Corporates Well Equipped for a Crunch High levels of foreign direct investment lower the risk of corporate leverage. U.S. Employment Outlook: Changing Times The unemployment rate is not expected to fall much further as gains align with labor force trends. U.S. Chartbook: The Housing Surprise Lower mortgage rates have juiced existing-home sales, residential construction and homebuilder sentiment. » VIEW MORE COMMENTARY
Today's Economic Indicators
Thailand
Monetary Policy
Sep. 2019: 1.5%
The Bank of Thailand kept the policy rate on hold at 1.5% in September, following its largely unexpected 25-basis point reduction in August. Mexico
Employment Situation
Aug. 2019: 3.74% Unemployment
Unemployment in Mexico remained high in August as job creation is restrained. United States
MBA Mortgage Applications Survey
September 20: -10.1%
Mortgage applications dropped 10.1% over the week of September 20, with the refinance and purchase indexes both moving down. United States
New-Home Sales
Aug. 2019: 713,000
Thanks to lower mortgage rates and slower price growth, new-home sales jumped in August, increasing 7.1% above the revised July total. United States
Oil Inventories
September 20: 419.5 mil barrels
A larger-than-expected build in oil inventories will put downward pressure on oil prices. France
Job Seekers
Aug. 2019: 3.37 mil
The number of French job seekers decreased to 3.37 million in August from 3.39 million in July. South Korea
Consumer Sentiment Index
Sep. 2019:
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