| Today's Economy
Europe Daily Briefing: Are Markets Starting to Believe Policymakers? Central banks and governments have gone big this week. Canada Weekly: Responding to COVID-19 Parliament is out, but it may reconvene early to speed up action to fight the pandemic and its economic consequences. Geopolitical Risk Calendar: Tensions High Over Oil, COVID-19 Oil-output talks between Saudi Arabia and Russia have broken down, and COVID-19 cases soar. Asia-Pacific Daily Briefing: Asian Stocks Rise on Stimulus Cue The growth outlook for Asia is conservative. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Weekly Highlights and Preview, March 20, 2020 Argentina's economy contracted an estimated 1% in the fourth quarter. U.S. COVID-19 Tracker Update: Shutting Down Large state and metro-area economies and those that rely heavily on tourism are most exposed. Global COVID-19 Tracker: Economic Counterpunch The rising costs have led lawmakers to accelerate and increase the size of their response. Europe Weekly Highlights and Preview, 20 March, 2020 Every sector will ultimately feel the pain, as the current shocks are likely to morph into a full-blown economic downturn. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
Moody's CMBS Delinquency Tracker
Feb. 2020: 2.56%
The Moody’s Delinquency Tacker total delinquency rate edged down 4 basis points to 2.56% in February. Russian Federation
Retail Sales
Feb. 2020: 4.7%
Russian retail trade continued to march forward in February, as the effects of COVID-19 have yet to surface. Canada
Retail Trade
Jan. 2020: 0.4%
Canadian retail trade notched a modest gain in January, as the effects of COVID-19 have yet to surface. Russian Federation
Monetary Policy
Mar. 2020: 6%
The Central Bank of Russia halted its rate-cutting cycle in March, choosing to keep the key interest rate steady at 6%. United States
Existing-Home Sales
Feb. 2020: 5.77 mil
Existing-home sales surged 6.5% in February, reversing the slight decline registered in January. Russian Federation
Unemployment
Feb. 2020: 4.6%
Coming in below market expectations, Russia’s unemployment rate dropped to 4.6% in February after a slight lift in January. Mexico
Monetary Policy
Mar. 2020: 6.50%
In an unexpected move for markets, the Central Bank of Mexico decided to cut the interest rate in an out-of-calendar meeting, as the financial and economic uncertainties have worsened in light of a potential global recession. » VIEW MORE ECONOMIC INDICATORS |
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