Today's Economy Economic Roundup: Bumpy Ride Ahead for U.S. Inflation The Fed will ignore acceleration as it's transitory and the labor market has a lot of healing to do. LatAm Daily Briefing: Uruguay Investment Needs Private Assist The government wants to boost infrastructure funding by supporting public-private partnerships. Europe Daily Briefing: German Inflation Speeds Up The end of the VAT cut and recovering oil prices give German inflation a boost. Smaller Company Shares Lead Market Since End of September 2020 For 2021 to date, the Russell 2000 is up by 16.4%. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Labor Force Recovery Hinges on Parents Getting Back to Work COVID-19 concerns and the prevalence of virtual schooling have hampered the return to work. Global Vaccine Tracker Update: The Race to Inoculate An unprecedented effort is underway. U.S. Chartbook: Recovery Remains on Ice The recovery stalled, but positive vaccination developments set the stage for growth to accelerate. U.S. COVID-19 Tracker Update: Some Good News The daily rate of new infections in the U.S. has finally begun to abate. » VIEW MORE COMMENTARY
Today's Economic Indicators
Sweden Monetary Policy Feb. 2021: 0.0% The Riksbank’s 1-week repurchase rate was unchanged at 0% at today’s monetary policy meeting. Canada RPS House Price Index Jan. 2021: Germany Consumer Price Index Jan. 2021: 1.0% Germany’s CPI rose by 1% y/y in January, with core inflation picking up by 1.4% y/y. France Industrial Production Dec. 2020: -0.8% France’s headline industrial production declined by 0.8% in December, following a 0.7% drop in November. Portugal Consumer Price Index Jan. 2021: 0.3% Portugal's CPI rose by 0.3% y/y in January, after falling by 0.2% in December. Portugal Unemployment rate 2020Q4: 7.1% Portugal’s unemployment rate slid to 7.1% in the fourth quarter of 2020 from 7.8% in the third. Brazil Retail Sales Index Dec. 2020: 1.1% Brazil’s retail sales advanced a little further in December in annual terms, but with a significant moderation, while contracting from the previous month. United States MBA Mortgage Applications Survey February 05: -4.1% Mortgage applications fell by 4.1% in the week of February 5, after jumping by 8.1% in the previous week. United States Consumer Price Index Jan. 2021: 0.3% Growth in U.S. consumer prices will accelerate in the first half of this year, but it will prove transitory. Netherlands Industrial Production Dec. 2020: -0.2% y/y Industrial production in the Netherlands decreased for the 12th consecutive month, but the 0.2% year-over-year decline was the smallest since January 2020. United States Wholesale Trade (MWTR) Dec. 2020: 0.3% m/m Wholesale inventories rose 0.3% in December after holding flat in November. United States Oil Inventories February 05: 469.0 mil barrels A much larger-than-expected decline in crude oil inventories will help support oil prices. United States Treasury Budget Jan. 2021: -$162.8 bil January marks the first month in which the effect from the $915 billion Response and Relief Act is showing up in the Monthly Treasury Statement. Malaysia GDP 2020Q4: » VIEW MORE ECONOMIC INDICATORS |