| Today's Economy
Europe Daily Briefing: No Wonder Brexit Risks Remain High Sterlling plunged, and there is talk of no deal. Asia-Pacific Daily Briefing: Squint to See the Trade War Impact Soybeans were a casualty in July; the trade surplus with the U.S. stayed near a record high. Market Value of U.S. Common Equity Hits a New High The value has now increased by an ample 7.3% since the end of 2017. Economic Roundup: Time Heals Many Wounds Fears about higher structural unemployment in the U.S. following the recession have faded. » VIEW MORE TODAY'S ECONOMY
Commentary
Tweaking Our Forecast for the U.S. Economy We have made changes to our outlook for GDP, inflation and interest rates. Global Outlook: Marching to Different Drummers Growth is set to slow everywhere but in the U.S. and Latin America. ASEAN Outlook: Under Pressure Trade protectionism and emerging market outflows are pressing down on Southeast Asia. The Anatomy of U.S. Housing’s Recent Setback This is not the time to panic. » VIEW MORE COMMENTARY
Today's Economic Indicators
New Zealand
Monetary Policy
Aug. 2018:
Thailand
Monetary Policy
Aug. 2018: 1.5%
As expected, the Bank of Thailand kept its key policy rate at 1.5% at its August meeting. Spain
Industrial Production
Jun. 2018: -0.6%
Industrial production unexpectedly fell by 0.6% m/m in June, partially reversing the downwardly revised 0.8% gain in May. Brazil
Consumer Price Index
Jul. 2018: 4.48%
Brazil’s inflation continued to climb higher in July as prices remained affected by supply shortages. OECD
Composite Leading Indicators
Jun. 2018: 99.8
The composite leading indicator is sending the first signs of easing momentum for the OECD countries, reading at 99.8 in June, down from 99.9 previously. United States
MBA Mortgage Applications Survey
August 03: -3.0%
Mortgage applications fell again last week, even though most interest rates declined. Chile
Consumer Price Index
Jul. 2018: 2.7%
Inflation remains below the 3% target but moving up as prices advance more consistently. Canada
Building Permits
Jun. 2018: -2.3%
In contrast to the June housing starts figures, building permits declined during the month, driven lower by fewer residential intentions. Chile
Foreign Trade
Jul. 2018: US$374.9 mil
Chile’s trade surplus slid to $375 million in July as exports and imports fell from June. United States
Tech Pulse
Jul. 2018:
United States
NAR Metro Prices
2018Q2: 5.3%
Single-family home prices continue to make steady gains as a shortage of inventory pushes up on home values even with only moderate demand. United States
Oil Inventories
August 03: 407.4 mil barrels
A smaller than expected decline in crude oil inventories will put some downward pressure on prices. Japan
Machinery Orders
Jun. 2018:
Philippines
GDP
2018Q2:
China
Consumer Price Index
Jul. 2018:
China
Producer Price Index
Jul. 2018:
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