Today's Economy Economic Roundup: U.S. Inflation Front Could Get Interesting Lower inflation expectations matter, but not a lot. Other headwinds are more problematic. About 24% of Baa3 Issuers Carry a High-Yield Bond Spread Lower Treasury yields boost mortgage applications. Europe Daily Briefing: Showdown for Theresa May The never-ending mess in U.K. politics could be a positive for Brexit. Asia-Pacific Daily Briefing: China's Credit Growth Hasn't Stabilised M2 money supply held at 8% y/y in November, but there's reason for concern. » VIEW MORE TODAY'S ECONOMY
Commentary Where the Entrepreneurs Are Our new broad-based startup rate shows which U.S. metro areas are more truly dynamic. U.S. Chartbook: Cold Comfort Weather aside, trend job growth has moderated but remains more than sufficient to lower the unemployment rate over time. Latin America Outlook 2019: A Mild Recovery Risks abound on the road ahead. U.S. Weekly Highlights and Preview, December 7, 2018 The Fed could opt for a dovish rate hike. » VIEW MORE COMMENTARY
Today's Economic Indicators
World Moody's Analytics Global CPI Nov. 2018: 0.0% Lower energy prices are weighing on global consumer prices. Canada RPS House Price Index Nov. 2018: Euro Zone Industrial Production Oct. 2018: 0.2% Euro zone industrial production rose by 0.2% m/m in October following a 0.6% decline in September, in line with the consensus. India Consumer Price Index Nov. 2018: 2.3% United States MBA Mortgage Applications Survey December 07: 1.6% Mortgage applications moved up during the week ending December 7, continuing recent positive movement. India Industrial Production Oct. 2018: 8.1% Russian Federation Foreign Trade Oct. 2018: US$19.7 bil Russia’s trade surplus made strong gains in October, rising to US$19.7 billion, its highest level since 2012 and nearly double its year-ago level. United States Consumer Price Index Nov. 2018: 0.0% There doesn’t appear to be anything in the November U.S. consumer price index that would dissuade the Federal Reserve from raising interest rates next week. Canada Industrial Capacity Utilization 2018Q3: 82.6% A large decrease in capacity utilization in manufacturing drove an overall decrease in utilization in the third quarter. Mexico Industrial Production Oct. 2018: 1.0% The national industry showed signs of deceleration in October as the previous government approached the end of its term. United States Tech Pulse Nov. 2018: United States Oil Inventories December 07: 442.0 mil barrels The decline in oil inventories fell short of analyst expectations, which will have a negative effect on oil prices. Uruguay Industrial Production Oct. 2018: 19.5% Uruguay’s index of industrial production surged forward again in October, registering a 19.5% annual advance after a 16.1% reading the previous month. Brazil Monetary Policy Dec. 2018: 6.50% The central bank ended the year with an extended monetary pause as inflation remains below target. » VIEW MORE ECONOMIC INDICATORS |