| Today's Economy
Short and Sweet for Fed’s Powell There was more bobbing and weaving than new substance from the central bank's chair. U.S. Industrial Production Bounces Back The slide in May proved to be temporary. Europe Daily Briefing: U.K. Job Data Still Warrant a Rate Hike The May employment report was just strong enough to push the BoE into action. Asia-Pacific Daily Briefing: Singapore's Export Growth Hits the Brakes The strong run in April was unsustainable. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: Somethings Old, New, Borrowed and Blue An expanding trade war has had only a limited effect on inflation, but confidence has begun to slip. Explaining the Wage Growth Mystery If unemployment is so low, why has wage growth not picked up? U.S. Weekly Highlights and Preview, July 13, 2018 There will be plenty to digest from the Fed as Chair Jerome Powel will testify before Congress. Europe Weekly Highlights and Preview, 13 July, 2018 The ECB is nearing a tipping point. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom
Unemployment
Jun. 2018: 4.2%
In line with expectations, the U.K.'s jobless rate held steady at 4.2% in the May quarter. Italy
Consumer Price Index
Jun. 2018: 1.4%
Italy’s annual harmonized EU inflation accelerated to 1.4% y/y in June, from 1% in May. Canada
Survey of Manufacturing
May. 2018: 1.4%
Manufacturing sales advanced at a healthy pace in May, driven by chemicals, machinery and wood products. Canada
New Motor Vehicle Sales
May. 2018: -0.1%
New-vehicle sales climbed higher in May, but the gain failed to live up to the month's historically strong standards. United States
Industrial Production
Jun. 2018: 0.6%
Industrial production advanced 0.6% in June, rebounding from May’s decline. United States
Moody’s Analytics Policy Uncertainty Index
July 13: 98.3
U.S. economic policy uncertainty is trending lower, but it remains high relative to historical standards. United States
NAHB Housing Market Index
Jul. 2018: 68
Homebuilder sentiment remained unchanged at 68 in July. United States
Median usual weekly earnings
2018Q2: 2.0%
Various measures of U.S. wages suggest that the tightening labor market isn’t putting significant upward pressure on wage growth, giving the Fed breathing room. Argentina
Consumer Price Index
Jun. 2018: 3.9%
The statistics office’s consumer price index for the Buenos Aires metro area increased 3.9% in June, after 1.9% in the previous month and 1.4% a year earlier. United States
Treasury International Capital Flows
May. 2018: $45.6 bil
Net long-term inflows slowed in May. » VIEW MORE ECONOMIC INDICATORS |
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