Today's Economy Economic Roundup: V Is Still for Very Unlikely Jump in the ISM nonmanufacturing survey doesn't raise odds of a V-shape recovery. LatAm Daily Briefing: Brazil’s Formal Employment Craters The country is reopening, but the numbers paint a harrowing picture of the road to recovery. Europe Daily Briefing: Euro Zone Retail Improves Post-Lockdown Consumers rushed back to shops in the second half of the month, once restrictions started to ease. Asia-Pacific Daily Briefing: Rise in Cases Poses New Risk for Australia Concerns mount over a potential second wave of COVID-19 infections. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview: July 6, 2020 We look for a slight increase in the number of people filing for unemployment insurance benefits. Asia-Pacific Weekly Highlights and Preview: 3 July, 2020 Australia's central bank will likely keep the cash rate on hold. As COVID-19 Surges, Regional Setbacks in U.S. Pile Up States change course after premature reopenings, but it may already be too late. Latin America Weekly Highlights and Preview, July 2, 2020 Industrial production figures from Mexico and Argentina will underline the economic pain of the coronavirus pandemic. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States California Manufacturing Survey 2020Q3: Spain Industrial Production May. 2020: 14.7% Spain’s industrial production jumped 14.7% in May. Euro Zone Retail Sales May. 2020: 17.8% Euro zone retail sales jumped 17.8% m/m in May after a 12.1% slump in April. Colombia Consumer Price Index Jun. 2020: 2.2% Colombia’s annual inflation rate decelerated sharply again in June amid the pandemic. United States Industry GDP 2020Q1: -4.65 ppt, SAAR In the first quarter of 2020, real GDP contracted at a 5% annualized rate. Peru Consumer Price Index Jun. 2020: 1.6% The Lima CPI fell 0.27% from May to June, the largest decline for the month of June since the 2008-2009 global financial crisis. World Moody's Analytics Survey of Business Confidence July 03: -7.3 Global businesses are feeling better than they did just a few weeks ago, but they remain nervous. United States ISM Nonmanufacturing Index Jun. 2020: 57.1 Economic activity popped in June as business reopenings unleashed a wave of pent-up demand. Australia Datium Insights - Moody’s Analytics Used Vehicle Price Index Jun. 2020: 12.4% Australia's used-vehicle prices rallied in June; the Datium Insights - Moody’s Analytics Used Vehicle Price Index reached a new high for the series, which goes back to 1999. United States Semiconductor Billings May. 2020: 1.6% Sales of global semiconductor continued to show signs of resiliency in May. » VIEW MORE ECONOMIC INDICATORS |