Today's Economy Europe Daily Briefing: Inflation Pressures Build in the Euro Zone Significant improvement in the labour market will push up the core CPI. Canada Weekly: Signs of Fatigue New regulations and rising interest rates will weigh on the housing market. Asia-Pacific Daily Briefing: China's Trade Deficit Is Fortuitous We wouldn't read much into the March export slump; Lunar New Year distortion is likely at play. Earnings Forecasts Signal a Credit-Friendly Widening of Profit Margins The consensus’ upbeat outlook for 2018 differs from their more subdued view of 2019. » VIEW MORE TODAY'S ECONOMY
Commentary Europe Weekly Highlights and Preview, 13 April, 2018 U.K. inflation likely remained steady in March, but should cool further in April. Asia-Pacific Weekly Highlights and Preview, 13 April, 2018 China's GDP growth likely hit 6.7% y/y in Q1, slower than 6.8% in Q4. Macro Roundup: China Makes for an Enthralling Ride Trade protectionism, ‘Made in China 2025’ and inflation data kept it interesting this week. Latin America Economic Preview: 16-20 April Industry advances slowly in Colombia, and Peru's unemployment remains high. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada RPS House Price Index Mar. 2018: 3.2% Germany Consumer Price Index Mar. 2018: 1.6% Germany's annual national measure of inflation reached 1.6% in March and registered the same in not seasonally adjusted terms, after decelerating to 1.3% in February. Spain Consumer Price Index Mar. 2018: 1.2% In line with the preliminary estimate, Spain’s headline inflation strengthened to 1.2% in yearly terms from 1.1% recorded in the previous stanza. Euro Zone External Trade Feb. 2018: €18.9 bil The euro zone’s external trade surplus recovered in February to €18.9 billion, following a sharp drop at the start of the year to €3.5 billion, which is a seasonal occurrence. Peru Monetary Policy Apr. 2018: 2.75% Central bank officials held the key reference rate at 2.75% in their April meeting, citing weak domestic demand and declining inflation. United States University of Michigan Consumer Sentiment Survey Apr. 2018: 97.8 Consumer sentiment softened in the early weeks of April, losing 3.6 points from the previous month and dropping to a three-month low. United States Job Openings and Labor Turnover Survey Feb. 2018: 3.9% openings rate It will become increasingly difficult for businesses to fill open positions unless they boost wages more aggressively, improve training, or hire workers they wouldn’t have considered in the past. United States Median usual weekly earnings 2018Q1: 1.8% U.S. median usual weekly earnings for full-time wage and salary workers were up 1.8% on a year-ago basis in the first quarter. United States ECRI Weekly Leading Index April 06: 148.2 The U.S. economy is performing well, and economic prospects over the coming quarters are good. » VIEW MORE ECONOMIC INDICATORS |