Today's Economy Economic Roundup: A Dark Day for Global Trade Reciprocal tariffs announced on Wednesday far exceeded expectations. Europe Daily Briefing: A Brave New World The euro zone is digesting a new 20% levy on exports to the U.S. LatAm Daily Briefing: The Mexican Government's Optimistic Outlook Economic weakness extended into the first quarter of 2025. Final Thoughts Ahead of March U.S. Employment We look for the economy to have added 120,000 jobs in March. » VIEW MORE TODAY'S ECONOMY
Commentary What 20% U.S. Reciprocal Tariffs Mean for the EU There will be a hit to growth with some countries failing to avoid recession. DOGE Tracker: Recent Developments The restructuring of U.S. federal agencies is being done primarily through workforce reductions. Euro Zone Outlook: Recovery Under Threat The economy has been gathering strength, but a tariff war could change that. Navigating Trump Turbulence New U.S. tariffs have prompted us to downwardly revise our growth forecast for China. » VIEW MORE COMMENTARY
Today's Economic Indicators
Switzerland Consumer Price Index Mar. 2025: 0.3% Switzerland’s inflation rate was unchanged at 0.3% y/y in March, along with core inflation, which held at 0.9%. United States Challenger Report Mar. 2025: 275,240 Job cuts announced by U.S.-based employers spiked 60% to 275,240 in March. United States Jobless Claims March 29: 219,000 U.S. initial claims for unemployment insurance remain steady. Canada International Merchandise Trade Feb. 2025: -C$ 1.52 bil In February, Canada's merchandise exports declined 5.5% while imports pushed higher by 0.8%. United States International Trade (FT900) Feb. 2025: -$122.7 bil The U.S. trade deficit in goods and services fell back slightly in February to $122.7 billion, after surging to $130.7 billion (revised) in January. United States St. Louis Fed Financial Stress Index March 28: -0.63 The St. United States ISM Nonmanufacturing Index Mar. 2025: 50.8 The U.S. service sector expanded for the ninth straight month in March but at a slower pace compared with February. United States Natural Gas Storage Report March 28: 29 bil cubic feet Last week’s increase in natural gas stocks was on the upper bound of analyst predictions but is unlikely to dent prices. Uruguay Consumer Price Index Mar. 2025: 5.67% y/y In March, Uruguay's annual inflation rate increased despite a decrease in the monthly variation. Philippines Consumer Price Index Mar. 2025: Thailand Consumer Price Index Mar. 2025: » VIEW MORE ECONOMIC INDICATORS |