Today's Economy Economic Roundup: U.S. Consumers Still Reeling University of Michigan consumer sentiment fell to 52.2 in April, nearing its record low of 50. Canada Weekly: Breakin' Barriers The country would benefit from lower barriers to inter-provincial trade. Geopolitical Risk Calendar: A Possible Nuclear Deal The U.S. president has threatened military action if Iranian leadership meets U.S. negotiation attempts with intransigence. Europe Daily Briefing: Another Retail Win U.K. sales surprise to the upside, but the economy remains fragile. » VIEW MORE TODAY'S ECONOMY
Commentary Trade War Tracker: Hoping for De-Escalation While economic data mostly reflect the period before “Liberation Day” upheaval, there are growing indications that business activity is grinding to a halt. U.S. Weekly Highlights and Preview, April 25, 2025 Following a robust 228,000 job gain in March, we expect a much softer increase in April. Latin America Weekly Highlights and Preview, April 25, 2025 Demand for Mexican products increased in March in anticipation of U.S. tariffs. Global Outlook: The Stop-and-Go Economy The tariff war has the potential to paralyze central banks and raises the risk of broader geopolitical confrontations. » VIEW MORE COMMENTARY
Today's Economic Indicators
Singapore Industrial Production Mar. 2025: 5.8% y/y Singapore’s industrial production rose 5.8% y/y in March, beating our forecast but falling short of consensus estimates. United Kingdom Retail Sales Mar. 2025: 0.4% m/m U.K. retail sales rose by 0.4% month on month in March, building on two months of strong increases and beating expectations of a correction. Russian Federation Monetary Policy Apr. 2025: Mexico Economic Activity Index Feb. 2025: -0.7% y/y Economic activity remained weak in February, affected by the month's industrial contraction. Canada Industrial Product and Raw Materials Price Indexes Mar. 2025: 0.5% m/m In March, the Industrial Product Price Index rose 0.5%, its sixth consecutive monthly increase. Canada Retail Trade Feb. 2025: -0.4% m/m United States University of Michigan Consumer Sentiment Survey Apr. 2025: 52.2 The University of Michigan consumer sentiment index fell to a historically low level in April. United States Moody’s Analytics House Price Index Mar. 2025: 4.0% According to the Moody’s Analytics Home Price Index, U.S. house prices declined slightly in March. » VIEW MORE ECONOMIC INDICATORS |