Today's Economy Economic Roundup: Eyeing Those Surveys The PMIs have been mixed in February. Low Treasury Yields Will Promote Credit-Enhancing Debt Refinancings The 30-year Treasury bond yield fell to a record-low 1.9% on Friday. Egypt's Currency Conundrum Against most expectations, Egypt's currency has appreciated over the last year. Why? Canada Weekly: Behind Montreal's House Price Growth The city is outpacing Toronto and Vancouver. » VIEW MORE TODAY'S ECONOMY
Commentary COVID-19 Tracker: Supply Chain Issues May Intensify We cannot rule out a larger drag on the U.S. economy given the disruptions. Latin America Weekly Highlights and Preview, February 21, 2020 The latest data on Mexico and Argentina will show a slight improvement at the end of 2019. Europe Weekly Highlights and Preview, 21 February, 2020 German real GDP likely stagnated in the final three months of 2019. South America Under the Fed's Severe Recession Scenario Countries would face capital flight and declining export revenues. » VIEW MORE COMMENTARY
Today's Economic Indicators
Euro Zone Consumer Price Index Jan. 2020: 1.4% Final numbers confirmed that euro zone inflation rose to 1.4% y/y in January from 1.3% in December. Italy Consumer Price Index Jan. 2020: 0.5% Italy's EU-harmonized inflation cooled to 0.4% y/y in January from 0.5% in December, while the national headline held steady at 0.5%. Canada Retail Trade Dec. 2019: 0.0% After a strong month in November, retail trade ground to a halt in December. United States Existing-Home Sales Jan. 2020: 5.46 mil Existing-home sales dropped 1.3% to 5.46 million units in January, ceding a portion of December’s upbeat gains, but are still up 9.6% since January 2019. Argentina Economic Activity Indicator Dec. 2019: -0.29% The statistics office’s monthly economic activity index dropped 0.3% y/y in December after declining 2% in the previous month. Peru GDP 2019Q4: 1.8% Peru’s economy advanced a mere 1.8% in the fourth quarter amid a moderation in private consumption and a slower rebound in mining. » VIEW MORE ECONOMIC INDICATORS |