Today's Economy Geopolitical Risk Calendar: EU Commission to Reveal REPowerEU Plan The plan's aim is to end Russian fuel imports by 2027. Canada Weekly: Abundant Harvest The latest Farm Credit Canada report highlights accelerated farmland price appreciation. Capital Market View: If You Think U.S. Stocks Are Volatile, Look at the Bond Market Bond market volatility continues to climb rapidly and the Fed hasn't started QT yet. Europe Daily Briefing: Norwegian GDP Contracts in Q1 GDP shank in the first quarter, but there is hope for the second. » VIEW MORE TODAY'S ECONOMY
Commentary Latin America Weekly Highlights and Preview, May 13, 2022 Rate hikes take center stage as regional economies deal with inflation’s effects. Europe Weekly Highlights and Preview, 13 May, 2022 Consumer prices in the euro zone, and especially the U.K., likely jumped in April. UAE’s Housing Market Goes Bust to Boom Dubai boasts one of the highest growth rates since the beginning of the pandemic. Global Outlook: The Inflation Era Global GDP growth has been downwardly revised for 2022. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia GDP 2022Q1: 5.0% y/y Malaysia’s first-quarter GDP came in stronger than expected with a 5% y/y expansion. Norway GDP 2022Q1: -1.0% q/q Norwegian mainland gross domestic product took a step backwards in the first quarter of 2022 from the fourth quarter of 2021, declining 1% q/q. Finland Consumer Price Index Apr. 2022: 5.7% y/y Finland’s annual inflation rate moderated slightly in April, decelerating to 5.7% y/y from 5.8% in March. Finland Retail Sales Mar. 2022: 1.6% m/m Finland's seasonally adjusted retail sales, excluding motor vehicles and motorcycles, rose by 1.6% m/m in March after February's downwardly revised no-growth reading. France Consumer Price Index Apr. 2022: 4.8% y/y France’s inflation rate accelerated to 4.8% y/y in April from 4.5% in March. Spain Consumer Price Index Apr. 2022: 8.3% y/y Spain's consumer price index rose by 8.3% in yearly terms in April after a 9.8% gain in March. China Monetary Aggregates Apr. 2022: 10.5% y/y Hong Kong SAR (China) GDP 2022Q1: Euro Zone Industrial Production Mar. 2022: -1.8% m/m Industrial production tumbled by 1.8% m/m in March, erasing a downwardly revised 0.5% increase in February. Canada New Motor Vehicle Sales Mar. 2022: -16.8% y/y Purchases of new cars and trucks in Canada increased in March for the second consecutive month after a streak of seven monthly declines ended in January. United States Import and Export Prices Apr. 2022: 0.0% m/m A drop in energy prices and past appreciation in the U.S. dollar contributed to the weakness in U.S. import prices in April. United States Moody’s Analytics & CNN Business Back-to-Normal Index May 11: 93.7 The Moody’s Analytics & CNN Business Back-to-Normal Index inched forward this week, rising from a revised 93.6 to 93.7. United States University of Michigan Consumer Sentiment Survey May. 2022: 59.1 U.S. consumer confidence gave back all its unexpected early-April rebound in May as high gasoline prices, inflation staying in the headlines, and the erratically falling stock market continued to hammer attitudes. World Moody's Analytics Global GDP 2021Q4: 5.5% q/q SAAR Global GDP growth picked up in the fourth quarter despite the ongoing supply shortages and the Omicron-related disruptions to activity. Colombia Industrial Production Mar. 2022: 12.3% y/y Manufacturing output continued to expand at a solid pace in March, supported by robust domestic demand conditions. Peru Monetary Policy May. 2022: 5% The Central Reserve Bank of Peru delivered another 50-basis point hike in its May meeting, bringing the policy rate to 5%. Russian Federation Consumer Price Index Apr. 2022: 17.8% y/y Russia's annual inflation rate climbed higher in April, accelerating to a whopping 17.8% y/y after reaching 16.7% previously. » VIEW MORE ECONOMIC INDICATORS |