Today's Economy Economic Roundup: ECB Shuts Down QE The central bank's balance sheet won't decline soon, therefore monetary policy isn't tightening. Medium-Grade’s Worry Differs From High-Yield’s Complacency The investment-grade bond market appears more anxious about the future than the high-yield bond market. OPEC Returns to Form OPEC producers no longer want a price war with the U.S. oil industry. No-Deal Brexit Could Throw British Investors a Curve There is significant uncertainty about how the next several months will unfold. » 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
United States Moody's CMBS Delinquency Tracker Nov. 2018: 4.18% The Moody’s Delinquency Tracker total delinquency rate edged down 6 basis points to 4.18% in November. Canada RPS House Price Index Nov. 2018: Germany Consumer Price Index Nov. 2018: 2.3% Germany's annual national measure of inflation decelerated slightly in November to 2.3% y/y from a multiyear high of 2.5% in October due to a softer increase in the prices of food and services, while energy prices continued to surge. France Consumer Price Index Nov. 2018: 2.2% Consumer prices fell by 0.2% m/m in November, following a slight uptick of 0.1% in October. Brazil Retail Sales Index Oct. 2018: 2.0% Household consumption advanced in October after a significant deceleration in September. Euro Zone Monetary Policy Dec. 2018: 0.0% The European Central Bank left its policy rates unchanged at its December meeting and confirmed that net quantitative easing purchases will be stopped at the end of this month, in line with our expectations. Canada New Housing Price Index Oct. 2018: 0.1% Canadian new-home prices were muted in October. United States Import and Export Prices Nov. 2018: -1.6% Lower global oil prices are taking a little steam out of U.S. inflation. United States Jobless Claims December 08: 206,000 After weeks of steady increases due to natural disasters and seasonal factors, jobless claims are getting back on track, supporting our view that the labor market remains in fine shape. United States Tech Pulse Nov. 2018: United States St. Louis Fed Financial Stress Index December 07: -0.82 Financial stress increased last week as U.S. equity markets retreated. United States Natural Gas Storage Report December 07: -77 bil cubic feet The decline in natural gas inventories was smaller than analysts were expecting, which will apply downward pressure on prices. United States Treasury Budget Nov. 2018: -$204.9 bil The federal government has incurred a cumulative budget deficit of $305.4 billion in the first two months of fiscal 2019, compared with $201.8 billion over the same time last year. Argentina Consumer Price Index Nov. 2018: 48.5% Argentina's statistics office’s consumer price index for the Buenos Aires metro area increased 2.9% in November, after 5.1% in October and 1.2% a year earlier. Japan Tankan Survey 2018Q4: China Fixed Asset Investment Nov. 2018: China Industrial Production Nov. 2018: China Retail Sales Nov. 2018: India Foreign Trade Nov. 2018: Uruguay GDP 2018Q3: » VIEW MORE ECONOMIC INDICATORS |