| Today's Economy
Economic Roundup: Still Some Jitters About the Yield Curve It's time to watch the weekly data on initial claims and bank lending. Euro Zone Q2 Growth Came Firmly Off the Boil Germany was the main drag, but the other major economies also cooled. Europe Daily Briefing: ECB Must Come to the Rescue Euro zone inflation cooled further, giving more reason for the bank to cut rates in September. Asia-Pacific Daily Briefing: Japan's Exports Keep Struggling Thailand's GDP growth slowed to 2.3% y/y in the second quarter, its weakest since mid-2014. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Employment Outlook: Where Do We Go From Here? Despite solid average job gains this year, the level of uncertainty in the economy is on the rise. U.S. Weekly Highlights and Preview, August 16, 2019 Will the Fed chairman send policy signals at Jackson Hole? Macro Roundup: China’s Monthly Health Check The focus is on July's disappointing data, the Hong Kong protests, and trade war retaliation. Asia-Pacific Weekly Highlights and Preview, 16 August, 2019 Japan's inflation will be uninspiring and exports likely contracted again in July. » VIEW MORE COMMENTARY
Today's Economic Indicators
Euro Zone
Consumer Price Index
Jul. 2019: 1.0%
Final numbers showed that euro zone inflation cooled to 1% y/y in July from 1.3% in June, below the first estimate of 1.1%. Chile
GDP
2019Q2: 1.9%
Chilean gross domestic product improved slightly in the second quarter, advancing 1.9% on a year-ago basis after growing just 1.6% the quarter prior. Private and government consumption spending remains frail, and growth in the second quarter was aided by a spike in fixed investment. Russian Federation
Retail Sales
Jul. 2019: 1%
Retail sales growth slowed to 1% y/y in July, down from 1.4% in June and below the market consensus of 1.5%. Russian Federation
Unemployment
Jul. 2019: 4.5%
Russia’s unemployment rate climbed to 4.5% in July, after a historical low of 4.4% in June. World
Moody's Analytics Survey of Business Confidence
August 16: 15.6
Business confidence fell sharply last week, as it took another hit from President Trump’s trade war with China and the resulting turmoil in global financial markets. United States
Internet Sales (E-Commerce Sales)
2019Q2: $146.2 bil
Internet sales continue to impress. » VIEW MORE ECONOMIC INDICATORS | 
