Today's Economy Not Wanting to Spook Markets, Fed Will Likely Cut in October Our new baseline will include three, rather than two, additional cuts this year. Europe Daily Briefing: U.K. Will Avoid Recession in Q3 The Bank of England will stand pat as long as a no-deal Brexit is avoided. Asia-Pacific Daily Briefing: China's Ailing Exports Japan's second quarter GDP growth was revised down to 0.3% q/q. Base Metals Price Index Increase May Lead Treasury Yield Climb Thursday’s industrial metals price index was the highest base metals price index since April 30. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Talking Ourselves Into Recession Expansions ebb and flow, but fickle sentiment could push the U.S. economy into reverse. Trade War Chicken: The Tariffs and the Damage Done Economic and political pressures have raised the stakes for the U.S. and China with little sign either side will stand down. The Next Recession: Q&A We answer questions submitted in response to our recent webinar. U.S. Weekly Highlights and Preview, September 9, 2019 Key data will be consumer prices, retail sales and jobless claims. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom Monthly GDP Jul. 2019: 0.3% U.K. monthly GDP figures showed activity grew by 0.3% m/m in July after no growth in June. OECD Composite Leading Indicators Jul. 2019: 99.0 The composite leading indicator for the OECD countries continued its downward progression, with the index dipping to 99 in July from a renormalized 99.1 in June. Brazil Retail Sales Index Jul. 2019: Chile Foreign Trade Aug. 2019: US$143 million Chile’s foreign trade balance returned to a surplus in August. Mexico Consumer Price Index Aug. 2019: 3.16% Mexico’s annual inflation continued to decline toward the 3% target in August as the economy remained weak. World Moody's Analytics Survey of Business Confidence September 06: 5.2 Global business sentiment continues to slump, falling to its lowest level since September 2009 on a four-week moving average basis. China Monetary Aggregates Aug. 2019: United States Consumer Credit (G19) Jul. 2019: $23.3 bil Consumer credit growth easily exceeded expectations in July, growing by an impressive $23.3 billion. China Producer Price Index Aug. 2019: China Consumer Price Index Aug. 2019: » VIEW MORE ECONOMIC INDICATORS |