Today's Economy Economic Roundup: Upside Surprise The labor market was more resilient than expected in March, with employment rising by 228,000. Canada Weekly: Leaping Loonie The currency rebounded earlier this week, but will it last? Geopolitical Risk Calendar: Tariff Shock The economic consequences depend on the speed at which the tariffs are implemented, how long they stay in place, and the level of retaliation from trading partners. Europe Daily Briefing: French and Spanish Industry Gains Italian retail sales underwhelm. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, April 4, 2025 The consumer price index likely increased only modestly in March. U.S. Market Reaction: Thorns Volleyed From the Rose Garden Increased market volatility, recession odds, and dimmer growth prospects roiled financial markets. U.S. Jobs Report: Cont’d: Strong First Quarter March’s employment report was good news, but the outlook isn't great. U.S. Regional Economies Brace for Tariff Pain Despite many unknowns, the geographic footprint of the trade war is coming into view. » VIEW MORE COMMENTARY
Today's Economic Indicators
Thailand Consumer Price Index Mar. 2025: 0.8% y/y Headline inflation in Thailand eased to 0.8% y/y in March from 1.1% in February, going against our expectation for a 1.2% reading. France Industrial Production Feb. 2025: 0.7% m/m France's industrial production increased by 0.7% month on month in February, rebounding from an upwardly revised 0.5% drop in January. Spain Industrial Production Feb. 2025: 0.7% m/m Spain's industrial production increased 0.7% month over month in February after adjusting for seasonal and calendar variations. Italy Retail Sales Feb. 2025: 0.1% m/m In February, Italy’s retail sales grew 0.1% month over month, confirming our forecast. Canada Labor Force Survey Mar. 2025: 6.7% Trade winds are buffeting the labor market. United States Employment Situation Mar. 2025: 228,000 m/m The labor market was more resilient than expected in March, staving off any concerns of an imminent collapse. Brazil Foreign Trade Mar. 2025: US8.155 bil Brazil’s trade surplus rebounded strongly in March after a significant deceleration since the end of last year. United States Semiconductor Billings Feb. 2025: -2.8% » VIEW MORE ECONOMIC INDICATORS |