Today's Economy Economic Roundup: What We've Got Here is a Failure to Reassure The Bank of England's statement fails to settle foreign exchange or bond markets. Capital Market View: Reverse Currency War The U.S. dollar is on a tear and shows no signs of stopping. LatAm Daily Briefing: On Edge A lack of progress in jobs and incomes is keeping Latin Americans anxious. Europe Daily Briefing: U.K. Markets Start Week on Wrong Foot The pound/dollar exchange rate hit record lows on Monday. » VIEW MORE TODAY'S ECONOMY
Commentary Euro Zone Inflation Tracker: Higher and Higher Across Europe, spikes in costs of living have prompted government action. U.S. Weekly Highlights and Preview, September 26, 2022 Reading between the lines, the Fed could stomach a recession to help tame inflation. U.S. Chartbook: Fed Promises Pain Last week’s FOMC meeting demonstrated just how serious the central bank is about reining in inflation. U.S. Credit Outlook: Stable for Now The Fed's impact on rate-sensitive consumer credit products will be significant. » VIEW MORE COMMENTARY
Today's Economic Indicators
Singapore Industrial Production Aug. 2022: 0.5% y/y Singapore’s industrial production rose 0.5% y/y in August. Hong Kong SAR (China) Foreign Trade Aug. 2022: -HK$13.3 bil Hong Kong posted a trade deficit of HKD13.3 billion deficit in August, narrower than our expected trade deficit of HKD30.5 billion. Mexico Economic Activity Index Jul. 2022: 1.3% y/y Mexico's economic activity advanced in July, though at a more moderate annual rate as the industry remained in positive territory. United States Chicago Fed National Activity Index Aug. 2022: 0.00 The Chicago Fed National Activity Index dipped from an upwardly revised 0.29 in July to 0 in August. World Moody's Analytics Survey of Business Confidence September 23: 6.6 Global businesses are feeling a bit better in recent weeks, with more positive responses to the business survey than negative ones. United States Texas Manufacturing Outlook Survey Sep. 2022: -17.2 Texas factory activity weakened moderately in September by most measures. Argentina Economic Activity Indicator Jul. 2022: 5.6% y/y The statistics office’s monthly economic activity index, IMAE, increased 5.6% y/y in July after 6.9% in June. South Korea Consumer Sentiment Index Sep. 2022: » VIEW MORE ECONOMIC INDICATORS |