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'There's something strange going on': Some fear a coup in Brazil
16/08/2022 23:50:46
Brazilian President Jair Bolsonaro launched his reelection campaign amid fears of violence. CNN's Isa Soares reports.
China's worst heatwave in 60 years is forcing factories to close
16/08/2022 09:32:01
China's Sichuan province has ordered all factories to shut down for six days to ease a power shortage in the region as a scorching heat wave sweeps across the country.

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New Residential Construction

Privately-owned housing starts in July 2022 were at a seasonally adjusted annual rate of 1,446,000. This is 9.6 percent below the revised June 2022 estimate of 1,599,000. Data Source: US #Census Bureau #CensusEconData

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Banco de Reserva del Perú increased its Reference Rate by 50 basis points:

Reference rate: 6.50%. Data Source: Central Reserve Bank of #Peru #CentralBanks #bcrp

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Banco de México’s raised it reference rate

Banco de México’s Governing Board decided to raise #ReferenceRate interest rate by 75 basis points, effective August 12, 2022. Overnight interbank interest rate: 8.5% #Mexico

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Banco de México’s raised it reference rate

Banco de México’s Governing Board decided to raise #ReferenceRate interest rate by 75 basis points, effective August 12, 2022. Overnight interbank interest rate: 8.5% #Mexico

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Business Formation Statistics

Total U.S. Business Applications were 425,698 in July 2022, up 3.7% from June 2022. Data Source: US #Census Bureau #CensusEconData

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Monthly Wholesale Inventories

June 2022 sales of merchant wholesalers were $709.6 billion, up 1.8 percent from last month. End-of-month inventories were $895.4 billion, up 1.8 percent from last month. Data Source: US #Census Bureau #CensusEconData

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National Bank of Romania raised its main Reference Rate by 75 bps:

Policy rate: 5.50% Lending Facility: 6.50% Deposit Facility: 4.50% #NationalBank #NBR

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International Trade: Goods & Services

The nation's international trade deficit in goods and services decreased to $79.6 B in June from $84.9 B in May (revised), as exports increased and imports decreased. Data Source: US #Census Bureau #CensusEconData

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Czech National Bank leaves its Reference Rate unchanged:

Repo rate: 7.00% Lombard rate: 8.00% Discount rate: 6.00% Data Source: #Czech National Bank #CentralBanks

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BOE the MPC voted by a majority of 8-1 to raise its #ReferenceRate by 50 bps:

Bank Rate : 1.75%. Data Source: Bank of #ENGLAND #UnitedKingdom #CentralBanks

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