| Today's Economy
Economic Roundup: New-Home Sales Climb Sales increased 7.4% from the previous month, rising to an annualized 724,000 units in March. LatAm Daily Briefing: Dollar Uncertainty Strengthens Regional Currencies Tariff announcements and Trump's criticism of the Fed chair have introduced significant market volatility, particularly affecting the U.S. dollar. Europe Daily Briefing: Private Sector Stumbles Euro zone’s flash PMIs for April point to weakening in services following the tariff upheaval. Webinar Replay: The EU and Ukraine—the Cost of Peace European countries are scrambling to raise their defense spending and scale up their defense industries. » VIEW MORE TODAY'S ECONOMY
Commentary
Europe Chartbook: Comparing April Forecasts Our April baseline is more pessimistic than the ECB Survey of Professional Forecasters. Euro Zone Inflation Tracker: Heading Lower Given the significant presence of base effects in the March release, we expect a rebound in the inflation rate as those effects unwind in April. U.K. Risk Matrix: Struggling to Catch a Break Along with almost every other country in the world, the U.K. now finds itself swept up in U.S. President Trump’s trade war. U.S. Outlook: Trade War Scenarios The extraordinary uncertainty and even chaos created by the global trade war for businesses, consumers and investors is already weighing on spending, hiring and investment decisions. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia
Consumer Price Index
Mar. 2025: 1.4% y/y
Malaysia’s headline inflation slowed to 1.4% y/y in March from 1.5% in February, coming in below our expectations for stronger inflationary pressures. Singapore
Consumer Price Index
Mar. 2025: 0.9% y/y
Headline inflation in Singapore held steady at 0.9 % y/y in March. Indonesia
Monetary Policy
Apr. 2025: 5.75%
Bank Indonesia kept the BI rate unchanged at 5.75% after both the stock and foreign exchange markets saw significant declines in early April, following the announcement of tariffs by the U.S. Taiwan (China)
Industrial Production
Mar. 2025: 13.7% y/y
Taiwan's industrial production rose 13.7% y/y in March while manufacturing output increased 14.7%. Hong Kong SAR (China)
Consumer Price Index
Mar. 2025: 1.4% y/y
Hong Kong's headline composite consumer price index rose 1.4% year over year in March, the same as in February. Euro Zone
External Trade
Feb. 2025: €24 bil
The euro zone’s not seasonally adjusted trade balance in goods was €24 billion in February, topping its value in February 2024 of €21.7 billion. United States
MBA Mortgage Applications Survey
April 18: -12.7%
Mortgage activity has fallen sharply for consecutive weeks. Mexico
Retail & Wholesale Sales
Feb. 2025: -1.1% y/y
Mexico’s retail sales underperformed in February as consumers remained cautious given the increasing uncertainty produced by domestic and external events. Canada
New Housing Price Index
Mar. 2025:
United States
New-Home Sales
Mar. 2025: 724,000 SAAR
New-home sales increased in March, rising by 7.4% from the prior month to 724,000 annualized units. United States
Oil Inventories
April 18: 443.1 mil barrels
Commercial crude oil inventories rose by 200,000 barrels in the week ended April 18, slightly below consensus expectations of a 600,000-barrel build. United States
Beige Book
Apr. 2025:
U.S. economic activity was little changed from March through mid-April, according to business anecdotes collected from the 12 Federal Reserve districts. Argentina
Retail Sales Index
Feb. 2025: 80.7% y/y
The index that tracks nominal sales at shopping centers across the country’s large urban centers increased 80.7% year on year in February. South Korea
GDP
2025Q1:
China
Monetary Policy
Apr. 2025:
China's panel banks left their one- and five-year loan prime rates at 3.1% and 3.6%, respectively, in April. » VIEW MORE ECONOMIC INDICATORS | 
