| Today's Economy
Implied Default Risk Drops Despite Dismal Business Outlook Bloomberg/Barclays speculative-grade bond yield plunged by 91 basis points. Economic Roundup: COVID-19 Causes Record Drop in U.S. Airfare, Lodging Prices Core CPI unexpectedly dropped in March and disinflationary pressures won't subside soon. Canada Weekly: OPEC+(G-20) = -10 million? Proposed supply cuts won't be enough to save Canada's oil industry. Moody’s Analytics COVID-19 Policy Tracker Global policymakers have taken unprecedented measures to respond to the crisis. » VIEW MORE TODAY'S ECONOMY
Commentary
COVID-19: Q&A Our April 6 webinar was largely devoted to answering your questions. Global Outlook: Stimulus as Never Seen Before Policymakers quickly grasped the gravity of the COVID-19 situation and went all in with their fiscal and monetary responses. Latin America Weekly Highlights and Preview, April 10, 2020 High-frequency indicators show a sharp contraction in economic activity in the wake of the COVID-19 pandemic. U.K. Outlook: Taking It on the Chin Although a recovery is expected in the second half of the year, there are downside risks. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada
RPS House Price Index
Mar. 2020:
France
Industrial Production
Feb. 2020: 0.9%
France’s headline industrial production grew 0.9% m/m in February, after a downwardly revised increase of 1.1% in January. United States
Consumer Price Index
Mar. 2020: -0.4%
COVID-19 and the plunge in global oil prices will be disinflationary in the near term. Russian Federation
Foreign Trade
Feb. 2020: US$9.7 bil
Russia’s trade surplus took a massive hit in February. United States
Treasury Budget
Mar. 2020: -$119.1 bil
The federal government has incurred a cumulative budget deficit of $743.6 billion in the first six months of fiscal 2020, compared with $691.2 billion over the same period last fiscal year. » VIEW MORE ECONOMIC INDICATORS | 
