Today's Economy Law of Holes Doesn’t Apply to U.S. Trade Policy If you find yourself in a hole, stop digging. Europe Daily Briefing: No Dovish U-Turn for the BoE Markets shouldn't assume the BoE will follow the Fed or the ECB this year. Fed's Former Clarity Is Now Confusion The uncertainty may not be a bad thing, as it could make managing expectations easier. Asia-Pacific Daily Briefing: Risks Abound for Korean Exports Exports slumped again in July, and the trade dispute with Japan could escalate. » VIEW MORE TODAY'S ECONOMY
Commentary A Decade of Divergence and Buybacks for U.S. Equities Contrary to popular belief, neither domestic retail nor institutional investors are navigating the U.S. stock market to new heights. U.S. Weekly Highlights and Preview, July 26, 2019 We will start tracking third quarter GDP growth with July vehicle sales. ECB Set to Dive Deeper Into Uncharted Territory of Negative Interest Rates The goal is to stimulate the flagging euro zone economy. U.S. Chartbook: The Shallow Slowdown and Impending Insurance Cut The economy has been slowing for a year and the Fed wants to ensure that it doesn’t weaken further. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States Vehicle Sales - AutoData Jul. 2019: United States Challenger Report Jul. 2019: 38845 Job cuts fell to 38,845 in July, down 7.5% from June but 43.2% higher than a year ago. Brazil Industrial Production Jun. 2019: -4.3% Brazil’s industry reported an annual contraction in June, mainly because of the comparison base of last year. United Kingdom Monetary Policy and Minutes Aug. 2019: 0.75% It was no surprise that the Bank of England’s Monetary Policy Committee unanimously voted to leave interest rates unchanged at 0.75% in August. Peru Consumer Price Index Jul. 2019: 2.1% The consumer price index for the Lima metropolitan area rose 2.1% in July on a year-ago basis. United States Jobless Claims July 27: 215,000 The U.S. labor market is steady as she goes, according to initial filings for unemployment insurance benefits. United States Construction Spending (C30) Jun. 2019: -1.3% Construction spending fell 1.3% in June, adding to the drop-off in May and underperforming consensus expectations of a 0.2% decline. United States St. Louis Fed Financial Stress Index July 26: -1.37 Financial market stress edged lower for the first time in three weeks. United States ISM Manufacturing Index Jul. 2019: 51.2 U.S. manufacturing conditions softened in July as the ISM index fell from 51.7 to 51.2. United States Natural Gas Storage Report July 26: 65 bil cubic feet The increase in natural gas in the week ended July 26 was slightly higher than analyst expectations, which will have a small negative effect on prices. Brazil Foreign Trade Jul. 2019: US$2.29 bil Brazil’s trade surplus fell to $2.29 billion in July, down from $5.02 billion during June, a decrease of $2.73 billion. Australia Retail Sales Jun. 2019: » VIEW MORE ECONOMIC INDICATORS |