Today's Economy Europe Daily Briefing: Euro Zone Factories Still Open for Business U.K. unemployment beat expectations, dropping to 3.8% in the first quarter. Asia-Pacific Daily Briefing: Two Sides to the Story Knowing China’s perspective makes it easier to appreciate why reaching agreement has been difficult. Implied Probability of a Fed Rate Cut by Year’s End Approaches 75% The 10-year Treasury yield was down to 2.4% for its lowest close since the 2.38% of March 27. Economic Roundup: I’ll See You and Raise You China retaliates after the U.S. increases tariffs on $200 billion in Chinese imported goods. » VIEW MORE TODAY'S ECONOMY
Commentary Tariffs Tracker: This Could Hurt The trade war has gone from bad to worse. Debt Ceiling Tracker: Taxpayers’ Pain, Treasury’s Gain After a favorable filing season, Treasury expands its headroom under the reinstated limit. Trade War Update: Will Trump Push Too Far? The dispute is a costly and likely ineffective way of getting China to reform. U.S. Weekly Highlights and Preview, May 13, 2019 Trade-war tensions will remain in the spotlight. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada RPS House Price Index Apr. 2019: -0.2% House prices rose 0.1% in April across the 13 largest Canadian markets; however, year-ago price growth slowed to -0.2% from 0% in March. Germany Consumer Price Index Apr. 2019: 1.8% Germany's national measure of inflation accelerated further in April to 1.8% y/y, seasonally adjusted, after ticking up to 1.6% in March. Spain Consumer Price Index Apr. 2019: 1.5% Spain’s consumer price index increased to 1.5% in April on a year-ago basis. United Kingdom Unemployment Apr. 2019: 3.8% Beating all expectations, the U.K.’s jobless rate fell to 3.8% during the March quarter, its lowest in 44 years. Euro Zone Industrial Production Mar. 2019: -0.3% Euro zone industrial production fell by 0.3% m/m in March, building on an upwardly revised 0.1% decline in February. United States NFIB Small Business Survey Apr. 2019: 103.5 The NFIB Small Business Optimism Index increased in April, but this could prove short-lived, as the trade tensions between the U.S. and China escalated in May. United States Import and Export Prices Apr. 2019: 0.2% U.S. import prices rose less than expected in April, and the details suggest that upward pressure on core consumer prices isn’t significant yet. Canada New Motor Vehicle Sales Mar. 2019: -2.0% New-vehicle sales are recovering from their late-2018 tumble but still trail their pace from a year prior. United States MBA Delinquency Rates 2019Q1: 4.42% Mortgage performance declined in the first quarter of 2019. United States NAR Metro Prices 2019Q1: 3.9% Single-family home prices continue to appreciate, but the pace is slowing, according to first quarter data. United States Moody’s Analytics Policy Uncertainty Index May 10: 126.0 The four-week moving average in our U.S. policy uncertainty index hit 126 in the week ended May 10, and there were some downward revisions to prior weeks. Colombia Industrial Production Mar. 2019: 3.2% Manufacturing output expanded 3.2% y/y in March after 2.8% in the previous month. South Korea Employment Apr. 2019: Indonesia Foreign Trade Apr. 2019: China Fixed Asset Investment Apr. 2019: China Industrial Production Apr. 2019: China Retail Sales Apr. 2019: » VIEW MORE ECONOMIC INDICATORS |