Today's Economy Economic Roundup: Death, Taxes and Disappointing U.S. August Employment August employment has fallen short of consensus expectations in eight of the past 11 years. Dorian's Economic Impact on the Bahamas The storm created a humanitarian crisis but the economic implications are likely less severe. Canada Weekly: Resilience Despite Threats Despite slowing global growth and trade tensions, the country's economy ended August on a high note. Europe Daily Briefing: Euro Zone GDP Not as Bad as It Looks Exports managed to hold ground, while investment accelerated. » VIEW MORE TODAY'S ECONOMY
Commentary Europe Weekly Highlights and Preview, 6 September, 2019 Leading data suggest the U.K. economy lost further pace going into August as Brexit-related uncertainty reached its peak. Macro Roundup: Is It 'Hooroo' for Growth in Australia? No goodbyes yet; slower conditions are not expected to threaten the country’s strong track record. Asia-Pacific Weekly Highlights and Preview, 6 September, 2019 China’s exports likely enjoyed a temporary lift in August. Canada Outlook: Searching for a Leader As the country chooses new leaders in October the economy also looks for a new source of strength. » VIEW MORE COMMENTARY
Today's Economic Indicators
Italy Retail Sales Jul. 2019: -0.5% Italy’s retail sales fell by 0.5% m/m in July after surging by 1.9% in the previous month. Germany Industrial Production Jul. 2019: -0.6% German industrial production fell by 0.6% in monthly terms in July, building on the upwardly revised decline of 1.1% in June. Euro Zone GDP 2019Q2: 0.2% The third estimate of euro zone GDP growth confirmed that activity halved to 0.2% q/q in the second quarter from 0.4% in the first. Russian Federation Monetary Policy Sep. 2019: 7% The Central Bank of the Russian Federation opted to cut the key interest rate by a further 25 basis points to 7% at its September meeting, citing ebbing inflation, subpar national growth, and mounting risks of a global slowdown. Chile Consumer Price Index Aug. 2019: 2.30% Chile’s inflation stayed below the 3% target in August, as prices remain subdued. Brazil Consumer Price Index Aug. 2019: 3.43% Brazil’s inflation remains below target but has started to move up slowly. Canada Labor Force Survey Aug. 2019: 5.7% The labor market displayed renewed strength in August, shaking off three dull months. United States Employment Situation Aug. 2019: 130,000 The labor market moderated further in August. Colombia Consumer Price Index Aug. 2019: 3.8% Colombia’s annual inflation rate remained mostly unchanged in August thanks in part to lower prices for some fresh food items. Canada Purchasing Managers' Index Aug. 2019: 60.6 The seasonally adjusted Ivey Purchasing Managers' Index jumped higher to 60.6 in August after notching 54.2 in July. United States Quarterly Services Survey 2019Q2: Data from the Quarterly Services Survey suggest an upward revision for second-quarter GDP. » VIEW MORE ECONOMIC INDICATORS |