Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Friday, May 03, 2019

Today's Economy


Economic Roundup: The Scare That Wasn't There

Worries about the labor market earlier this year didn't pan out.

New Data Cut Our U.S. Q1 GDP Tracking Estimate but Boost Q2

The inventory build last quarter will be revised down a little.

Is the Fed's Plumbing Broken?

The jury is still out, as the effective rate is trading above IOER.

U.S. Labor Market Is Booming

Trend job growth is strong, but the Fed will continue to sit on its hands.

» VIEW MORE TODAY'S ECONOMY



Commentary


Macro Roundup: Rate Cut Watch in Asia

The landscape is markedly different from 2018.

Europe Weekly Highlights and Preview, 3 May, 2019

Upbeat first-quarter U.K. GDP numbers likely won't be sustained.

Asia-Pacific Weekly Highlights and Preview, 3 May, 2019

China’s April data will be a highlight, with further signs of stabilisation likely.

Latin America Economic Preview: 6-10 May

Central banks in Brazil, Peru and Chile will keep policy rates unchanged.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Malaysia
Foreign Trade
Mar. 2019: MYR14.4 bil
Malaysia's foreign trade surplus widened to MYR14.4 billion in March, from MYR11.1 billion in February.

Euro Zone
Preliminary Consumer Price Index
Apr. 2019: 1.7%
Preliminary numbers showed that euro zone inflation jumped to 1.7% y/y in April from 1.4% in March, above the consensus for a softer increase.

Euro Zone
Retail Sales
Mar. 2019:

Brazil
Industrial Production
Mar. 2019: -3.1%
Brazil's national industry surprisingly contracted sharply in March.

United States
Advance Wholesale and Retail Inventories
Mar. 2019: 0.0%
The U.S. inventory build paused at the end of the first quarter.

United States
International Trade in Goods - Advanced
Mar. 2019: -$71.4 bil
The nominal goods deficit swelled to $71.4 billion in March, according to the advance report.

United States
Employment Situation
Apr. 2019: 263,000
The labor market keeps surprising.

Chile
Retail & Wholesale Sales
Mar. 2019: 2.6%
Chile’s retail and wholesale sales index posted slightly below-average growth in line with expectations, rising 2.6% in year-on-year terms.

United States
ISM Nonmanufacturing Index
Apr. 2019: 55.5
The U.S. nonmanufacturing sector weakened in April, as respondents again noted concerns with available labor.

Uruguay
Consumer Price Index
Apr. 2019: 8.2%
Consumer price growth in Uruguay surged higher in April, rising to 8.2% on a year-ago basis compared with 7.8% in March.

» VIEW MORE ECONOMIC INDICATORS

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