| Friday, February 22, 2019 |
| Today's Economy
Canada Weekly: Let the Cuts Begin Oil output cuts are beginning to weigh on Alberta. Europe Daily Briefing: Germany's GDP No Cause for Alarm The details brought much better news. Asia-Pacific Daily Briefing: Groundhog Day for Japan's CPI Inflation keeps languishing below 1% y/y, keeping the BoJ's 2% target perennially out of reach. Higher Treasury Yields Amid a Worsening Outlook Heighten Market Anxiety Unless wages and salaries accelerate considerably, the U.S. cannot afford a return by the 10-year Treasury yield to something at or above 3%. » VIEW MORE TODAY'S ECONOMY
Commentary
Europe Weekly Highlights and Preview, 22 February, 2019 Euro zone joblessness likely managed to hold steady at 7.9%, its lowest in more than 10 years. Asia-Pacific Weekly Highlights and Preview, 22 February, 2019 India's GDP growth likely rose to 7.2% y/y in Q4; Chinese manufacturing remains near a 3-year low. Latin America Economic Preview: 25 February - 1 March GDP likely decelerated in Brazil and Mexico, while growth held steady in Colombia. Healthy Banking Industry Should Give Singapore’s Economy a Lift The banking industry supports consumption and investment to drive the broader economy. » VIEW MORE COMMENTARY
Today's Economic Indicators
Germany
GDP
2018Q4: 0.0%
Germany flirted with recession at the end of 2018. Euro Zone
Consumer Price Index
Jan. 2019: 1.4%
Final numbers confirmed that euro zone inflation slowed further to 1.4% in January, its lowest reading in nine months, from a downwardly revised 1.5% in December. Canada
Retail Trade
Dec. 2018: -0.1%
Canadian retail sales remained almost unchanged in December. Colombia
Monetary Policy
Feb. 2019: 4.25%
Colombia’s central bank board left the reference interest rate unchanged at Friday's meeting. » VIEW MORE ECONOMIC INDICATORS |
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