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 |