| Today's Economy
Credit Analysts, Markets At Odds Over Severity of Climb by Defaults The average high-yield EDF’s month-long average has climbed no higher than April’s 9.09%. Economic Roundup: Searching for U.S. Labor Market Bottom The U.S. economy is still reeling more than two months after COVID-19 began shuttering businesses. Still Scant Evidence of a Reopening Revival Some progress for states that lifted lockdowns, but the “big bang” is a pipe dream. LatAm Daily Briefing: From Bad to Worse The pandemic is wreaking havoc. » VIEW MORE TODAY'S ECONOMY
Commentary
Malaysia Outlook: Hit on Multiple Fronts A drop in global oil prices and the COVID-19 pandemic have dimmed growth. Singapore Outlook: Bracing for a Storm Singapore has been battered by the spread of COVID-19 across the globe. Calibrating GDP Growth for Latin America It will be several years before output in the region returns to its pre-COVID-19 peak. Some European Economies Fare Better Than Others We assess vulnerability to the pandemic using a z-score methodology. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada
ADP Canada National Employment Report
Apr. 2020: -226,678
ADP Canada's National Employment Report was predictably dismal as a month of stay-at-home orders decimated payrolls. Canada
New Housing Price Index
Apr. 2020: 0.9%
After two months of healthy growth, house price appreciation stalled in Canada. United States
Jobless Claims
May 16: 2,438,000
Jobless claims still number in the millions, and several more millions of Americans are filing for pandemic unemployment assistance. United States
Philadelphia Fed Survey
May. 2020: -43.1
Manufacturing reported heavy losses for the third consecutive month, according to the Philadelphia Fed’s Manufacturing Business Outlook Survey. Russian Federation
Industrial Production
Apr. 2020: -6.6%
United States
Existing-Home Sales
Apr. 2020: 4.33 mil
Existing-home sales plummeted 17.8% in April, dropping back to their most subdued pace since 2011, as the pandemic deterred additional potential homebuyers from visiting open houses. United States
St. Louis Fed Financial Stress Index
May 15: 0.62
The St. United States
Conference Board Leading Indicators
Apr. 2020: -4.4%
The U.S. economy is contracting sharply. United States
Natural Gas Storage Report
May 15: 81 bil cubic feet
The increase in natural gas stocks was only slightly under analyst predictions, which will provide minimal upward momentum for gas prices. Peru
GDP
2020Q1:
Japan
Consumer Price Index
Apr. 2020:
Japan
Foreign Trade
Apr. 2020: -¥996.28 bil
Japan’s trade position deteriorated in April, as the seasonally adjusted trade balance fell to -¥ 996.3 billion, following a ¥380.9 billion deficit in March. » VIEW MORE ECONOMIC INDICATORS | 
