Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Monday, June 15, 2020

Today's Economy


LatAm Daily Briefing: Industrial Production Takes a Beating

IP will continue to drag because of domestic concerns for personal safety and public health.

Food Stamp Participation Could Spike This Year in U.S.

Additional support for SNAP could be needed.

Europe Daily Briefing: Euro Zone Trade Surplus Nearly Erased

Even if most trade partners are back to normal in Q3, sluggish export demand will weigh on trade.

Asia-Pacific Daily Briefing: More Green Shoots Out of China

A potential second wave of infections in Beijing could threaten further gains.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Weekly Highlights and Preview, June 15, 2020

The U.S. economy continues to turn the corner on the COVID-19 recession.

This Week in the COVID Crisis

Household credit problems are likely to mount once the forbearance measures wind down.

Europe Weekly Highlights and Preview, 12 June, 2020

There is little to dissuade the BoE from taking action at its upcoming meeting.

U.S. COVID-19 Tracker Update: Seeds of Hope

The reopening of many U.S. state economies has led to a gradual economic pickup.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Indonesia
Foreign Trade
May. 2020: US$2.09 bil
Indonesia’s exports plunged 29% y/y in May, the most since 2009.

India
Foreign Trade
May. 2020: -US$3.2 bil
COVID-19 continues to weigh heavily on India's merchandise trade balance.

Japan
Retail Sales
Apr. 2020: -14.0%

Italy
Consumer Price Index
May. 2020: -0.2%
Italy's headline consumer price index fell by 0.2% y/y in May, below preliminary estimates of a 0.1% drop.

Euro Zone
External Trade
Apr. 2020: €2.9 bil
The euro zone trade surplus plunged to €2.9 billion in April, from €15.5 billion a year earlier.

Canada
Survey of Manufacturing
Apr. 2020: -28.5%
COVID-19 has extended problems for Canadian manufacturers.

United States
NY Empire State Manufacturing Survey
Jun. 2020: -0.2
The worst of the COVID-19 fallout is over for New York City, according to the June Empire State Manufacturing Survey.

Peru
Unemployment
May. 2020: 13.1%
The jobless rate in the Lima metropolitan area reached 13.1% in the last three months ended in May, an increase of 640 basis points from the same three-month period last year.

World
Moody's Analytics Survey of Business Confidence
June 12: -12.6
Global businesses remain nervous, but steadily less so.

United States
Treasury International Capital Flows
Apr. 2020: -$128.4 bil
Net long-term capital flows were negative in April, the second straight monthly outflow.

» VIEW MORE ECONOMIC INDICATORS

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