| Today's Economy
Economic Roundup: U.S. Jobless Claims Signal Steady Improvement The labor market is set to add more jobs in August as continuing claims fell for 4th straight week. COVID-19 Policy Tracker: States Wait for a Little Relief Just over half of states have sought extended benefits after President Trump’s executive order. LatAm Daily Briefing: Colombia FDI Falls Amid Pandemic Foreign direct investment flows will remain weak in the second half of the year amid the uncertain economic outlook. Powell Down With AIT The Fed will alter its policy framework to put more emphasis on inflation. » VIEW MORE TODAY'S ECONOMY
Commentary
Indications of Looming Default in Lebanon Currency in circulation and the central bank's balance sheet raised flags prior to the default. COVID-19 and the Regional Outlook: Q&A We answer additional questions submitted in response to our recent webinar. Forecasting Remittance Inflows to the Philippines During the COVID-19 Pandemic Our model shows a strong recovery during the second half of the year. Updating Our Brexit Baseline We now expect the EU and the U.K. to reach a thin deal by the end of the year. » VIEW MORE COMMENTARY
Today's Economic Indicators
South Korea
Monetary Policy
Aug. 2020: 0.5%
Canada
Balance of International Payments
2020Q2: -C$8.6 bil
The current account deficit shrank in the second quarter, but only because the COVID-19 pandemic caused a larger decrease in imports than exports. Canada
Earnings, Hours and Employment
Jun. 2020: 9.4%
After three months of declines, the Survey of Employment, Payrolls and Hours has measured payroll employment rising by 4.9% in June, marking a 666,500 increase in positions. United States
Jobless Claims
August 22: 1,006,000
Weekly initial jobless claims declined slightly from the prior week but were still higher than consensus expectations. United States
GDP
2020Q2: -31.7%
The collapse in U.S. Mexico
Trade Balance
Jul. 2020: US$5,798.7 mil
Mexico’s trade balance reported another surplus in July as exports continued to recover faster than imports. United States
St. Louis Fed Financial Stress Index
August 21: -0.25
The St. United States
Pending Home Sales
Jul. 2020: 122.1
The NAR pending home sales index rose 5.9% to 122.1 in July, extending its sharp rebound experienced since May and reaching its highest level since late 2005. World
Moody's Analytics Global HPI
2020Q2: 7.0%
United States
Natural Gas Storage Report
August 21: 45 bil cubic feet
The rise in natural gas inventories last week was roughly in line with analyst predictions, indicating that this report will have little effect on gas prices. United States
Kansas City Fed Manufacturing Survey
Aug. 2020: 14
The manufacturing recovery within the Kansas City Federal Reserve District accelerated moderately in August, according to the 10th District Survey of Manufacturing Activity. China
Manufacturing PMI
Aug. 2020:
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