Today's Economy Economic Roundup: This Won’t Cut It Republicans' stimulus proposal includes cutting UI benefits. FOMC Preview: July Meeting Will Set Stage for September There will be no big changes this week, but hints toward forward guidance changes are possible. LatAm Daily Briefing: Deflationary Winds Blow Briskly Inflation in the region often rises during periods of economic distress; this time is different. Europe Daily Briefing: Germany's Business Climate Improves France's new prime minister has announced a plan to fight youth unemployment. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, July 27, 2020 Our preliminary forecast is for GDP to have declined around 33% at an annualized rate in the second quarter. U.S. Chartbook: A Recovery Meets Resistance Data begin showing signs that the recovery may be losing traction. Office Space Outlook in the U.S. for the Coming Decade Despite strong near-term headwinds, office property prices will rise in the long term. This Week in the COVID Crisis It is hard to fathom that U.S. lawmakers will not come to terms and sign legislation on another fiscal rescue package. » VIEW MORE COMMENTARY
Today's Economic Indicators
Mexico Trade Balance Jun. 2020: US$5,546.7 mil The trade balance turned positive in June as imports contracted severely after months of deficits. United States Durable Goods (Advance) Jun. 2020: 7.3% U.S. durable goods orders continue to bounce back after plunging in March and April. Mexico Employment Situation Jun. 2020: World Moody's Analytics Survey of Business Confidence July 24: -10.3 Global business sentiment remains poor, with the reintensification of the virus in the U.S. doing meaningful damage to confidence. United States Texas Manufacturing Outlook Survey Jul. 2020: -3.0 Factory activity in Texas strengthened marginally in July, but the rebound has not yet been strong. France Job Seekers Jun. 2020: 3.96 mil The number of French job seekers fell by 202,700 to 3.96 million in June. » VIEW MORE ECONOMIC INDICATORS |