Today's Economy LatAm Daily Briefing: Mixed Expectations Around Uruguay’s Economy Despite a brisk growth rate, inflation may impede the nation’s continued progress. Europe Daily Briefing: Natural Gas Prices Pop Again Natural gas prices and uncertainties lurch higher in the euro zone. Asia-Pacific Daily Briefing: RBA’s Balance Sheet Blasted Deputy Governor Bullock discussed the large hole in RBA's pocket. Economic Roundup: Housing Fluke The improvement in U.S. starts isn't the new norm. » VIEW MORE TODAY'S ECONOMY
Commentary Global Outlook: Global Economy on Edge Record-high inflation and a more aggressive monetary policy response dampen sentiment. Economic Fallout From Hurricane Fiona in Puerto Rico The island’s resiliency, at least in the economic statistics, masks the high human toll of hurricanes. Euro Zone Risk Matrix: Gas and Energy With the closure of the Nord Stream I pipeline, the region drifted closer to a ‘no-flow’ scenario. U.S. Holiday Sales Will Feel Weak Retail growth will mostly come from outside traditional segments. » VIEW MORE COMMENTARY
Today's Economic Indicators
Sweden Unemployment rate Aug. 2022: 6.9% Sweden’s unemployment rate fell again this August to 6.9% in seasonally adjusted terms, from 7% in July. Mexico Retail & Wholesale Sales Jul. 2022: 5.0% y/y Household consumption in Mexico advanced in July despite high inflation and increasing interest rates. United States MBA Mortgage Applications Survey September 16: 3.8% After six consecutive weekly declines, mortgage application volume rose 3.8% in the week ended September 16. United States Existing-Home Sales Aug. 2022: 4.80 mil, SAAR Existing-home sales declined 0.4% in August to 4.8 million units annualized, extending the downward trend that began at the start of the year and falling to their lowest level since the pandemic-induced recession in early 2020. United States Oil Inventories September 16: 430.8 mil barrels A smaller-than-expected increase in crude oil inventories could put some downward pressure on oil prices. United States Moody’s Analytics Policy Uncertainty Index September 16: United States Moody's Analytics Inflation Expectations Pulse September 18: 2.68% Inflation expectations in the U.S. have stabilized of late. United States FOMC Monetary Policy Sep. 2022: 3% to 3.25% The Federal Reserve continues to quickly remove monetary policy accommodation as it seeks to tame inflation. Argentina Employment Situation 2022Q2: 6.9% Unemployment According to Indec’s labor market survey, the national urban unemployment rate averaged 6.9% in the second quarter, compared with 9.6% a year earlier (figures are not seasonally adjusted). Brazil Monetary Policy Sep. 2022: 13.7% New Zealand Foreign Trade Aug. 2022: Japan Monetary Policy Sep. 2022: » VIEW MORE ECONOMIC INDICATORS |