Today's Economy Economic Roundup: U.S. Consumer Takes a Breather in October The increase in retail sales in October was the weakest of this recovery. LatAm Daily Briefing: Colombian Economy Rebounds in September The primary sector—agriculture and mining—contracted for a second month. The Chilean Peso's Link to Copper is Unraveling The relationship weakened as the price of the metal fell sharply in the teeth of the COVID-19 recession. Asia-Pacific Daily Briefing: Singapore's Nonoil Exports Recede in October Trade is expected to lead the recovery to the end of the year, but recent developments have complicated matters. » VIEW MORE TODAY'S ECONOMY
Commentary APAC Outlook: Next Year Looks Better for Most of the Region APAC leads the global recovery, as it has contained the virus and joins the global trade rebound. Greece Outlook: A Brighter Post-Pandemic Future A second lockdown weighs on the near term, but strong investment bodes well longer term. U.S. Chartbook: Approaching a Tipping Point The U.S. recovery is entering the new COVID-19 surge in a fragile state. U.S. Weekly Highlights and Preview, November 16, 2020 Housing data should be solid. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada Housing Starts Oct. 2020: 215 ths Housing starts increased in October following a pause in September. Canada Wholesale Trade Sep. 2020: 0.9% Wholesale sales remain strong and above February's pre-pandemic levels. United States Import and Export Prices Oct. 2020: -0.1% U.S. import prices slipped 0.1% in October, in line with our expectations. Canada International Transactions in Securities Sep. 2020: C$4.5 bil Canadians significantly increased their holdings abroad in September, while overseas investors acquired slightly fewer Canadian securities than in August. United States Retail Sales Oct. 2020: 0.3% Retail sales growth slumped in October, as the recovery is nearly complete. United States Industrial Production Oct. 2020: 1.1% U.S. industrial production increased 1.1% in October, in line with our forecast. United States Business Inventories (MTIS) Sep. 2020: 0.7% Business inventories increased in September. United States NAHB Housing Market Index Nov. 2020: 90 Homebuilder confidence continued to climb to new heights in November. United States Moody’s Analytics Policy Uncertainty Index November 13: 396.3 The four-week moving average in our U.S. policy uncertainty index continues to climb. Colombia GDP 2020Q3: -9.0% The Colombian economy contracted 9% y/y in the third quarter after falling 15.8% in the previous quarter. United States Cox Automotive/Moody’s Analytics Vehicle Affordability Index Oct. 2020: 33.1 Weeks New-vehicle affordability was dinged in the U.S. in October. Russian Federation Industrial Production Oct. 2020: -5.9% Russian industrial production dropped by 5.9% y/y in October, softer than the market expectation of a 6.1% decline and worse than the downwardly revised 3.6% plunge in the previous month. United States Treasury International Capital Flows Sep. 2020: $108.9 bil Net long-term capital flows were positive for the fifth straight month in September. Japan Foreign Trade Oct. 2020: » VIEW MORE ECONOMIC INDICATORS |