Today's Economy LatAm Daily Briefing: IMF Supports Argentina Restructure The organization has deemed the country's debt unsustainable. Weather Helping U.S. Initial Claims Stay Low New data point toward another above-trend gain in job growth. Europe Daily Briefing: Retail Sales Brighten as Uncertainty Fades Sales should ramp up further in the coming months. Asia-Pacific Daily Briefing: China and Indonesia Release Further Support The PBoC reduced the Loan Prime Rate on Thursday, following Monday's cut to the MLF. » VIEW MORE TODAY'S ECONOMY
Commentary Global Outlook: Slower for Longer The coronavirus outbreak will weigh on growth in the first half of 2020. U.S. Chartbook: Placid Prices Inflation remains muted, keeping the Federal Reserve on hold for the foreseeable future. COVID-19 Alternative Scenarios As the coronavirus spreads, the global economic damage is mounting. U.S. Macro Outlook: An Uneven Economy The economic toll of the coronavirus outbreak should give way to a midyear rebound. » VIEW MORE COMMENTARY
Today's Economic Indicators
Indonesia Monetary Policy Feb. 2020: 4.75% Bank Indonesia cut its policy rate by 25 basis points to 4.75% on Thursday. France Consumer Price Index Jan. 2020: 1.7% France's EU-harmonized inflation rate increased to 1.7% y/y in January after hitting 1.6% in December. United Kingdom Retail Sales Jan. 2020: 0.9% U.K. retail sales rose by 0.9% m/m in January, fully reversing the 0.5% fall in December and marking the sharpest monthly increase in 10 months. Russian Federation Retail Sales Jan. 2020: 2.7% Russian retail trade remains healthy despite a large but typical seasonal decline in January. Canada ADP Canada National Employment Report Jan. 2020: 25,877 A Canada New Housing Price Index Jan. 2020: 0.2% New-home price appreciation continues in fits and starts. United States Jobless Claims February 15: 210,000 The low level of initial claims for unemployment insurance benefits reflects the enduring health of the U.S. labor market. United States Philadelphia Fed Survey Feb. 2020: 36.7 The Philadelphia Fed’s manufacturing outlook survey index increased to 36.7 in February, signaling that a higher share of district manufacturers are seeing greater business activity. Russian Federation Unemployment Jan. 2020: 4.7% In line with market expectations, Russia’s unemployment rate climbed to 4.7% in January after not budging for three months. United States St. Louis Fed Financial Stress Index February 14: -1.60 Financial market stress declined for the second straight week behind improving financial conditions. United States Conference Board Leading Indicators Jan. 2020: 0.8% Leading economic indicators show that the U.S. expansion remains in good shape. United States Oil Inventories February 14: 442.9 mil barrels Crude oil inventories rose by less than expected last week, a positive for oil prices. United States Natural Gas Storage Report February 14: -151 bil cubic feet The decline in natural gas stocks last week was slightly larger than market analysts were expecting, which will have a modest positive impact on prices. China Monetary Aggregates Jan. 2020: Japan Consumer Price Index Jan. 2020: » VIEW MORE ECONOMIC INDICATORS |