| Today's Economy
Economic Roundup: Warmer U.S. core CPI is firming, but inflation isn't an immediate concern. Recent Events Show How Higher Leverage Reins in Benchmark Interest Rates FOMC's median forecast of a 3.125% midpoint for year-end 2019’s federal funds rate seems ambitious. Europe Daily Briefing: French Production Up for June The monthly increase wasn't enough to salvage second quarter figures as a whole. Canada Weekly: Trouble on the Farm China's agricultural tariffs against the U.S. will hurt Canadian farmers. » VIEW MORE TODAY'S ECONOMY
Commentary
Europe Weekly Highlights and Preview, 10 August, 2018 In the euro zone, fears are that the area’s economy is going through a sharper than expected slowdown. Venezuela Outlook: The Depression Continues Oil output collapsed, hyperinflation will persist, and there could be widespread social unrest. Macro Roundup: Keeping an Eye on China The government must deal with a trade war while managing softer domestic demand. Asia-Pacific Weekly Highlights and Preview, 10 August, 2018 China’s July activity data will show a gradual and bumpy, but entrenched, cooling trend. » VIEW MORE COMMENTARY
Today's Economic Indicators
World
Moody's Analytics Global CPI
Jul. 2018: 0.3%
Growth in global consumer prices moderated in July. France
Industrial Production
Jun. 2018: 0.6%
France's industrial production rose by 0.6% m/m in June, fully reversing the 0.2% decline in May. United Kingdom
GDP Expenditure Breakdown
2018Q2: 0.4%
The U.K.’s preliminary estimate of second quarter GDP conformed to our expectations and showed that activity rose by 0.4% q/q, recovering from a meagre 0.2% gain in the first quarter. Brazil
Retail Sales Index
Jun. 2018: 1.5%
Retail sales moderated in June as shortages continued to affect supply of several items. Peru
Monetary Policy
Aug. 2018: 2.75%
Bank directors left the key reference rate at 2.75% in their August meeting. India
Industrial Production
Jun. 2018: 7.0%
Canada
Labor Force Survey
Jul. 2018: 5.8%
Employment growth boomed in July due to strong contributions from the public sector. United States
Consumer Price Index
Jul. 2018: 0.2%
The U.S. consumer price index rose 0.2% in July, a touch more than we expected but in line with consensus expectations. Mexico
Industrial Production
Jun. 2018: 0.2%
Mexico's national industry advanced slowly in June, despite the expansionary effects of the election. Russian Federation
Foreign Trade
Jun. 2018: US$15.6 bil
Russia’s trade surplus advanced in June, rising 2.7% from May. United States
ECRI Weekly Leading Index
August 03: 147.8
The U.S. economic expansion is in good shape and economic prospects for the near term are positive. United States
Treasury Budget
Jul. 2018: -$76.9 bil
The federal government has incurred a cumulative budget deficit of $684 billion in the first 10 months of fiscal 2018, compared with $566 billion over the same time last year. » VIEW MORE ECONOMIC INDICATORS | 