Today's Economy Economic Roundup: Prices Fall in June The 0.1% decline in the U.S. CPI in June was a welcome downside surprise. LatAm Daily Briefing: Running at Different Speeds Despite mixed economic performances in 2024, the region is primed for expansion next year. Europe Daily Briefing: Working Double Time U.K. GDP doubled market expectations in May. Asia-Pacific Daily Briefing: The Bank of Korea Gets Closer to Cutting Inflation keeps falling and the central bank keeps holding, but a rate change is coming. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Risk Matrix: Monitoring U.S. Banks Banks are not as fragile as often assumed and are in good shape to weather a downturn. U.S. Chartbook: Cool for the Summer A softer jobs report signals a loosening labor market. German Housing Still in the Doldrums Construction saved the first quarter, but won’t be there for the second. U.S. Inflation Tracker: Let’s Get Cutting The Fed has brought inflation toward its target gracefully, so it should not wait longer to start easing policy. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia Monetary policy Jul. 2024: 3% Bank Negara Malaysia held its policy rate at 3% in its July meeting, as widely expected. Germany Consumer Price Index Jun. 2024: 2.2% y/y In June, inflation in Germany slowed to 2.2% year over year, down 20 basis points from the previous month. United Kingdom Monthly GDP May. 2024: 0.4% m/m The 0.4% month-over-month rise in U.K. Ireland Consumer Price Index Jun. 2024: 2.2% y/y Ireland’s consumer price inflation dipped to 2.2% in June, in line with our expectations of a continued, moderate pace of disinflation in the coming months. Brazil Retail Sales Index May. 2024: 8.1% y/y Household consumption reported a significant annual gain in May as the domestic market gained additional traction stimulated by the monetary easing in place. United States Jobless Claims July 06: 222,000 Initial unemployment claims headed lower in the week ended July 6, falling to 222,000 from an upwardly revised 239,000 in the prior week. United States Consumer Price Index Jun. 2024: -0.1% m/m Considerable progress in the fight against inflation was made in the second quarter. United States Moody's Analytics Used Vehicle Price Indexes Jun. 2024: -11.24% The Moody’s Analytics Used Vehicle Sale Price Index and Retention Index declined 1.03% and 1.55% month over month, respectively, in seasonally adjusted terms. United States St. Louis Fed Financial Stress Index July 05: -0.82 U.S. financial market stress went largely unchanged in the week ended July 5, with the St. United States Natural Gas Storage Report July 05: 65 bil cubic feet Last week’s build in natural gas storage exceeded analyst predictions, suggesting that this report could weigh on prices somewhat. United States Cox Automotive/Moody’s Analytics Vehicle Affordability Index Jun. 2024: United States Treasury Budget Jun. 2024: -$66.0 bil The Treasury budget recorded a deficit of $65.965 billion in June, far below the $227.768 billion shortfall in the same month last year. Singapore GDP - Advanced 2024Q2: China Foreign Trade Jun. 2024: » VIEW MORE ECONOMIC INDICATORS |