Today's Economy Lowest High-Yield Default Risk Metrics Since 2007 The Bloomberg/Barclays high-yield bond spread closed at 295 basis points. Economic Roundup: U.S. Businesses Gearing Up to Hire Job openings increased in February, even among industries hit hardest by the COVID-19 crisis. LatAm Daily Briefing: The Fiscal Challenge The degree of fiscal deterioration in 2020 varied by country, depending on each government’s policy response to the pandemic. Europe Daily Briefing: Sweden’s PMIs Remain Expansionary Despite a slight decrease, Sweden's composite PMI is one of the highest in Europe. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. COVID-19 Tracker Update: A Spring Bounce in the Economy The U.S. will likely be the first major economy to achieve herd immunity to the virus. Global Vaccine Tracker: Steps Forward and Back South Korea, Indonesia, the Philippines and Vietnam will be hit by vaccine shipment delays on vaccines. The COVID-19 Pandemic and Women’s Employment: An International Perspective The crisis has slammed female-dominated industries such as hospitality, healthcare, personal services and government much harder than previous downturns. U.S. Weekly Highlights and Preview, April 5, 2021 The state of the economy makes this is an especially propitious time to increase infrastructure investment. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States CoreLogic Home Price Index Feb. 2021: 10.4% y/y The CoreLogic Home Price Index rose 1.2% in February from the previous month and 10.4% year over year. Australia Monetary Policy Apr. 2021: 0.1% The Reserve Bank of Australia kept all monetary settings steady in April. Austria Retail Sales Feb. 2021: 23.9% Austria's retail sales bounced back in February, after shops were allowed to reopen at the start of the month. Italy Unemployment Feb. 2021: 10.2% Italy's employment situation was stable in February as employment gained 6,000 over the month while joblessness and inactivity ticked down marginally. Euro Zone Unemployment Feb. 2021: 8.3% The euro zone's unemployment rate held at 8.3% in February, unchanged from the upwardly revised January number, while the number of unemployed persons increased slightly. Belgium Retail Sales Feb. 2021: -6.4% Belgian retail sales retreated 6.4% month to month in February. United States Job Openings and Labor Turnover Survey Feb. 2021: 4.9% openings rate The February Job Openings and Labor Turnover Survey heralds further improvement in the labor market in the spring. United States Moody’s Analytics Policy Uncertainty Index April 02: 370.8 The four-week moving average in our U.S. policy uncertainty index slipped from 372.3 to 370.8 in the week ended April 2. Belgium Unemployment Feb. 2021: 5.7% Russian Federation Consumer Price Index Mar. 2021: 5.8% y/y Russian inflation is becoming a problem for the economy’s recovery. Singapore GDP - Advanced 2021Q1: Australia Datium Insights - Moody’s Analytics Used Vehicle Price Index Mar. 2021: 40.0% Wholesale used-vehicle prices remain extraordinary in Australia. China Manufacturing PMI Mar. 2021: » VIEW MORE ECONOMIC INDICATORS |