| Today's Economy
Economic Roundup: Surging COVID-19 Cases Force States to Act Oregon announced a state "freeze" while rising cases are hurting consumer confidence. Mexico’s Monetary Stance Remains Expansionary Monetary conditions show a negative rate gap with the policy rate below the neutral rate. Geopolitical Risk Calendar: Fading Chance for U.S. Stimulus With a high probability of a divided government, pandemic aid soon is unlikely. Canada Weekly: Getting a Clearer Picture Next week will include a number of economic releases. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Weekly Highlights and Preview, November 13, 2020 President-elect Joe Biden will reshape U.S. diplomatic and economic relationships with the region. U.S. COVID-19 Tracker Update: It'll Get Worse Before It Gets Better Odds for another pandemic relief bill getting passed in the lame-duck session are about as low as they’ve ever been. Europe Weekly Highlights and Preview, 13 November, 2020 The new Pfizer vaccine will buoy consumer and firm sentiment, providing a light at the end of the tunnel. Asia-Pacific Weekly Highlights and Preview, 13 November, 2020 A slow revival in the overseas demand for durables has weighed heavily on Japan’s external position. » VIEW MORE COMMENTARY
Today's Economic Indicators
France
Consumer Price Index
Oct. 2020: 0.0%
France’s consumer price index was unchanged in October for the second month in a row. Spain
Consumer Price Index
Oct. 2020: -0.8%
Euro Zone
External Trade
Sep. 2020: €24.8 bil
The euro zone’s not seasonally adjusted trade surplus in goods expanded to €24.8 billion in September from €18.3 billion a year earlier. United States
Producer Price Index
Oct. 2020: 0.3%
The U.S. producer price index rose 0.3% in October, in line with our forecast but a touch stronger than the consensus expectation. India
Foreign Trade
Oct. 2020: -US$8.7 bil
India’s trade deficit ballooned to $8.7 billion in October from $2.7 billion in September. Peru
Monetary Policy
Nov. 2020: 0.25%
The Central Reserve Bank of Peru kept a steady hand in its November policy meeting, leaving the reference rate unchanged at 0.25%. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
November 11: 81.6
The Moody’s Analytics & CNN Business Back-to-Normal Index ticked up to 81.6 from a revised 80.5 the week before. United States
University of Michigan Consumer Sentiment Survey
Nov. 2020: 77.0
U.S. consumer sentiment slipped in November to its lowest level since August as the increase in COVID-19 infections seemingly outweighed any wave of election relief. World
Moody's Analytics Global CPI
Oct. 2020: 0.2%
Our estimate of global consumer prices showed a 0.2% increase in October following a 0.1% gain in September. World
Moody's Analytics Global GDP
2020Q2: -26.2%
The COVID-19 crisis delivered a big blow to the global economy in the second quarter. United States
Natural Gas Storage Report
November 06: 8 bil cubic feet
Heating season took a pause last week with gas storage rising, contrary to consensus predictions. Colombia
Industrial Production
Sep. 2020: -3.0%
Manufacturing output contracted 3% y/y in September after falling 10.3% in the previous month. » VIEW MORE ECONOMIC INDICATORS | 