| Today's Economy
Sentiment Boosts the ISM Manufacturing Survey Uncertainty could be behind the glaring gap between the U.S. hard and soft data on deliveries. Europe Daily Briefing: No Cheerful Summer for the U.K. The U.K.’s construction PMI for August dropped more than expected, and markets didn't like it. Asia-Pacific Daily Briefing: Korea's Labour Market Is Undermining Growth GDP growth cooled to 0.6% q/q in the June quarter, and domestic demand is in the slow lane. Europe Daily Briefing: Manufacturing Is Losing Momentum Worldwide Worries about trade wars and the damaging impact of tariffs are weighing on business optimism. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: Let’s Make a Trade Deal A revised agreement was inked with Mexico, leaving out Canada, as the trade deficit widens. Italy at a Crossroads Infrastructure poses the gravest test for the new government. U.S. Weekly Highlights and Preview, August 31, 2018 Employment would have to be a disaster for the Fed to waver on a September rate hike. Canada Outlook: Goldilocks Growth Not too fast, not too slow; GDP growth will achieve a more sustainable pace. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
CoreLogic Home Price Index
Jul. 2018: 6.2%
The CoreLogic Home Price Index increased 6.2% year over year in July, down from the 6.8% growth rate originally measured in June. United States
Moody's CMBS Delinquency Tracker
Jul. 2018: 4.73%
The Moody’s Delinquency Tracker total delinquency rate fell 21 basis points to 4.73% in July. United States
Vehicle Sales - AutoData
Aug. 2018: 16.7 mil, SAAR
Australia
Monetary Policy
Sep. 2018: 1.5%
Being a central banker in Australia must be like watching the grass grow. Brazil
Industrial Production
Jul. 2018: 3.1%
Brazil advanced in July as production continues to recover from a transitory interruption. World
Moody's Analytics Survey of Business Confidence
August 31: 35.8
Global sentiment is strong, but it has softened in recent months, back close to its lowest level since just prior to the U.S. presidential election in late 2016. United States
ISM Manufacturing Index
Aug. 2018: 61.3
The ISM manufacturing index was surprisingly strong in August, rising from 58.1 to 61.3. United States
Construction Spending (C30)
Jul. 2018: 0.1%
Construction spending in August fell short of the consensus expectation for a 0.5% increase. Argentina
Industrial Production - Advance
Jul. 2018: -5.7%
Chile
Monetary Policy
Sep. 2018:
Australia
GDP
2018Q2:
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