Today's Economy Economic Roundup: Tariff Deadline Approaches Trade tensions may overshadow this week’s data as tariffs are scheduled to take effect on Sunday. To Tariff or Not to Tariff With no trade deal yet, the Trump administration must decide whether to tax Chinese goods on Sunday. Below-Trend Spec-Grade Yields Stoke Bond Issuance Friday’s 5.8% yield was well below the five-year median of 6.29%. LatAm Daily Briefing: Beware the Ides of December New U.S. tariffs on China imports, set to take effect December 15, would put pressure on the region. » VIEW MORE TODAY'S ECONOMY
Commentary Global Outlook: Gauging Recession Risks for 2020 With little else to pick up the slack, consumer spending must not falter. U.S. Weekly Highlights and Preview, December 9, 2019 We expect the Federal Open Market Committee to keep its target range for the fed funds rate unchanged. Latin America Weekly Highlights and Preview, December 6, 2019 Industrial production in Mexico, trade in Chile, and consumer prices in the region will highlight current struggles. Europe Weekly Highlights and Preview, 6 December, 2019 U.K. GDP and an ECB monetary policy meeting are on the calendar. » VIEW MORE COMMENTARY
Today's Economic Indicators
OECD Composite Leading Indicators Oct. 2019: 99.1 The composite leading indicator for the OECD countries has stopped its downward progression, with the index holding steady at 99.1 in October, the same reading as in August and September. Chile Foreign Trade Nov. 2019: US$110.6 mil Chile’s foreign trade balance flipped back into surplus during November. Mexico Consumer Price Index Nov. 2019: 2.97% Annual inflation remained around the 3% target in November for the third consecutive month. Canada Housing Starts Nov. 2019: 201 ths Residential construction in Canada ticked up slightly in November. Canada Building Permits Oct. 2019: -1.5% Canadian municipalities pulled back on permit issuance in October. World Moody's Analytics Survey of Business Confidence December 06: 11.9 Global business confidence remains soft, as has been the case for the past year, and consistent with a global economy that is expanding below its potential. China Monetary Aggregates Nov. 2019: China Producer Price Index Nov. 2019: 0.9% Producer price inflation in China continued to cool in December. China Consumer Price Index Nov. 2019: » VIEW MORE ECONOMIC INDICATORS |