| Today's Economy
Economic Roundup: Inching Closer PPI and CPI suggest core PCE deflator rose 0.2% in June, leaving it up 1.7% on a year-ago basis. Outstandings' 10th Straight Yearly Drop of High-Yield Bonds Reins in Spreads The spread is thinner than predicted by a recent high-yield expected default frequency metric of 4.08%. Canada Weekly: Central Bank Holds Steady December will be the next chance for a rate hike. Europe Daily Briefing: Finally Some Good News for the Euro Zone Strong performance in consumer goods production boosted factory growth in May. » VIEW MORE TODAY'S ECONOMY
Commentary
Europe Weekly Highlights and Preview, 12 July, 2019 U.K. and euro zone releases should show inflation pressures stayed steady. Asia-Pacific Weekly Highlights and Preview, 12 July, 2019 China’s GDP growth likely slowed to 6.3% y/y in Q2 from 6.4% in Q1. Latin America Economic Preview: 15-19 July Argentina's double-digit inflation should gradually decelerate in the second half of 2019. Debt Ceiling Tracker: Uh-Oh The Treasury may run out of cash in the first half of September. » VIEW MORE COMMENTARY
Today's Economic Indicators
Indonesia
Monetary Policy
Jul. 2019:
Canada
RPS House Price Index
Jun. 2019: 0.0%
Spain
Consumer Price Index
Jun. 2019: 0.4%
Spain’s consumer price index increased 0.4% in June on a year-ago basis, a deceleration from the prior month’s increase. Euro Zone
Industrial Production
May. 2019: 0.9%
Euro zone industrial production beat expectations and rose by 0.9% m/m in May, fully reversing April’s 0.4% slide. Peru
Monetary Policy
Jul. 2019: 2.75%
Central bank directors kept rates on hold at their July meeting, citing below-potential growth and still-benign inflation. India
Consumer Price Index
Jun. 2019: 3.18%
India’s CPI growth ticked up once more in June, hitting 3.18% y/y following a rate of 3.05% in May. India
Industrial Production
May. 2019: 3.1%
In line with expectations, industrial production held up in May, advancing 3.1% from May 2018. United States
Producer Price Index
Jun. 2019: 0.1%
U.S. producer prices unexpectedly increased in June, but that doesn’t alter our subjective odds of the Federal Reserve cutting interest rates in July, which we put at 90%. Russian Federation
Foreign Trade
May. 2019: US$11.8 bil
Russia’s trade surplus took another steep hit in May, sliding 13.7% to US$11.8 billion. Mexico
Industrial Production
May. 2019: -3.3%
Mexico's national industry contracted further in May, confirming a prolonged deceleration. Uruguay
Industrial Production
May. 2019: -2.5%
Uruguayan industrial production took a step back in May, falling 2.5% on a year-ago basis after a 0.4% advance in April. Colombia
Industrial Production
May. 2019:
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