| Today's Economy
Economic Roundup: Slow Start to an Important Week The U.S. economic calendar is relatively quiet this week, with attention turning to the CPI midweek. LatAm Daily Briefing: The Vélez and the Páez A wildly popular Colombian telenovela accurately portrays LatAm’s stark economic divisions. ECB Preview: Another Predictable Cut The central bank is almost certain to cut on Thursday, but there won’t be much news about upcoming meetings. A Drop in Trucking Mileage Spells Bad News for Output Another bad omen for Germany's manufacturers in August. » VIEW MORE TODAY'S ECONOMY
Commentary
Europe Chartbook: The Paris Summer Olympics Starred in August Data The Olympic Games in France help boost otherwise lacklustre regional data. U.S. Weekly Highlights and Preview, September 6, 2024 Although the labor market is cooling, concerns that the bottom is falling out are misguided. Canada Outlook: BoC Aims to Jump-Start Growth Policymakers will continue cutting interest rates as concerns shift from inflation to growth. Domestic Demand Momentum Disappoints in Euro Zone This year was meant to be a story of consumption-driven recovery, but you would struggle to see it in the detailed GDP data. » VIEW MORE COMMENTARY
Today's Economic Indicators
Taiwan (China)
Foreign Trade
Aug. 2024: US$11.5 bil
Taiwan’s trade surplus skyrocketed to $11.5 billion in August from $4.8 billion in July, surpassing both our and consensus expectations. Chile
Foreign Trade
Aug. 2024: US$1,132.2 mil
The hard data on Chile's August trade accounts were on target with our forecast, with the US$1.132 billion trade surplus just a hair higher than our call. Mexico
Consumer Price Index
Aug. 2024: 4.99% y/y
Annual inflation moved down in August after a four-month rebound, as consumer prices moderated in the month. World
Moody's Analytics Survey of Business Confidence
September 06: 26.1
Global business sentiment is good, consistent with a global economy that is growing near its potential. United States
Wholesale Trade (MWTR)
Jul. 2024: 0.2% m/m
According to the Census Bureau, wholesale inventories rose 0.2% in July after holding flat in June. United States
Consumer Credit (G19)
Jul. 2024: $25.5 bil
The stock of consumer credit outstanding expanded by $25.5 billion in July, roaring past consensus expectations for a $12.5 billion addition. Argentina
Industrial Production - Advance
Jul. 2024: -5.4% y/y
Industrial output contracted 5.4% year on year in July (NSA) after falling 20.2% in the previous month. Philippines
Foreign Trade
Jul. 2024:
China
Foreign Trade
Aug. 2024:
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