Today's Economy Economic Roundup: Markets Caught Over Their Skis Fed will do an 'insurance' cut, but that could be it. Fed's Next Move Is to Cut in July The Fed has boxed itself in, and we are now changing our forecast. Europe Daily Briefing: Spain's IP Up for a Second Month The country should outperform the euro zone in the short term. Good News for the Economy, Bad News for Markets The solid U.S. jobs report takes a 50-basis point Fed rate cut off the table for July. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, July 5, 2019 The catalyst for cutting rates has much to do with trade tensions and slowing in the global economy. Latin America Preview: 8-12 July Inflation declines in Brazil and Mexico and advances in Chile. Europe Weekly Highlights and Preview: 5 July, 2019 Expect a strong showing for the U.K.'s monthly GDP growth. Asia-Pacific Weekly Highlights and Preview, 5 July, 2019 China's foreign trade surplus likely stayed wide because of slumping imports, especially from U.S. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain Industrial Production May. 2019: 0.3% Spain’s industrial production increased 0.3% in May from a strong gain of 1.8% in April. Uruguay Consumer Price Index Jun. 2019: 7.4% Uruguay's inflation continued to moderate in June, falling to 7.4% from a 7.7% reading in May. United States Employment Situation Jun. 2019: 224,000 The roller-coaster ride continues for the U.S. employment situation. Canada Labor Force Survey Jun. 2019: 5.5% Canada's labor market saw little change in June. Chile Monthly Economic Activity Indicator May. 2019: 2.3% Chile's economic activity advanced a little further in May after a significant deceleration in the year. Colombia Consumer Price Index Jun. 2019: Canada Purchasing Managers' Index Jun. 2019: 52.4 The seasonally adjusted Ivey Purchasing Managers' Index declined to 52.4 in June. United States St. Louis Fed Financial Stress Index June 28: -1.27 Financial market stress eased for the third straight week behind improving market sentiment. Argentina Industrial Production - Advance May. 2019: -6.9% Argentina's industrial output contracted by 6.9% y/y in May (not seasonally adjusted) after an 8.7% y/y drop in the previous month. » VIEW MORE ECONOMIC INDICATORS |