Today's Economy LatAm Daily Briefing: Assessing Health System Capabilities The region has a solid system, yet other factors may work against countries’ abilities to fight the virus outbreak. Europe Daily Briefing: U.K. Kicks Up Measures as PMI Plummets The services index tumbled in Britain and the euro zone. Fed Sparks Big Advances for IG Corporates as High-Yield and Stocks Sink The Fed will create special purpose vehicles that will purchase investment-grade corporate bonds. Asia-Pacific Daily Briefing: Japan's Sinking Economy Services bore the brunt of the COVID-19 hit in March. » VIEW MORE TODAY'S ECONOMY
Commentary EU Risk Matrix: COVID-19 in U.S. Adds to Europe's Woes The euro zone will feel the economic pain of the coronavirus' spread across the Atlantic. CECL and IFRS 9 Recommendations: Handling Shifting Economic Scenarios How can filers adjust their loss estimates in a reasonable and supportable manner? Bold Fiscal Stimulus Supports the Greek Economy Fears of a global recession put governments and central banks in the spotlight. U.S. Chartbook: Bracing for Impact The COVID-19 pandemic starts to exact its toll on the U.S. economy. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada RPS House Price Index Feb. 2020: Brazil Retail Sales Index Jan. 2020: 1.4% Household consumption advanced a little further at the start of the year, although at a slower pace. United States State Personal Income 2019Q4: 3% State personal income expanded at a modest pace in the fourth quarter of 2019, the last quarter before the COVID-19 outbreak. United States Philadelphia Fed Nonmanufacturing Survey Mar. 2020: -12.8 The Philadelphia Fed’s Nonmanufacturing Business Outlook Survey indicates that business activity plummeted in March. United States New-Home Sales Feb. 2020: 765,000 The latest new-home sales report shows the housing market's strength before COVID-19 hit. United States Risk of Recession Feb. 2020: 21% The odds that the U.S. will be in recession in the next six months remained low in February, but the model incorporates data that don’t capture the impact of COVID-19 on the economy. United States Richmond Fed Manufacturing Survey Mar. 2020: 2 Manufacturing activity in the Richmond Federal Reserve District increased slightly this month. United States Moody’s Analytics Policy Uncertainty Index March 20: 151.2 The four-week moving average in our U.S. policy uncertainty index increased from 145.1 to 151.2 in the week ended March 20. » VIEW MORE ECONOMIC INDICATORS |