Today's Economy It Will Take Time for U.S. Consumer Confidence to Fully Recover Consumer confidence is holding up better than business sentiment, and the gap betweem them could widen. LatAm Daily Briefing: Uruguay Extends Expansionary Monetary Policy The economy's performance is below its full potential, and it will take some time for domestic demand to recover. Europe Daily Briefing: Euro Zone PMI Points to Growth Manufacturing is still driving growth in the private sector. Asia-Pacific Daily Briefing: Reserve Bank of India Holds Fire India's growth prospects remain positive but could waver if the second wave worsens. » VIEW MORE TODAY'S ECONOMY
Commentary Mapping Economic Scenarios for IFRS 9, CECL and Other Applications Discretization of a continuous distribution depends critically on the assumptions made and on the shape and regularity of the underlying distribution. 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. » VIEW MORE COMMENTARY
Today's Economic Indicators
India Monetary Policy Apr. 2021: 4.00% As expected, the Reserve Bank of India kept its benchmark repo rate unchanged at 4% in its April announcement. United States MBA Mortgage Applications Survey April 02: -5.1% Mortgage applications fell 5.1% in the week of April 2, following a 2.2% decline the week before. United States International Trade (FT900) Feb. 2021: -$71.1 bil The gain in first quarter U.S. Canada International Merchandise Trade Feb. 2021: C$ 1.0 bil February saw Canada's merchandise exports decrease by 2.7%. Canada Purchasing Managers' Index Mar. 2021: 72.9 The seasonally adjusted Ivey Purchasing Managers' Index jumped in March to 72.9 from 60 in February, indicating expansion. United States Oil Inventories April 02: 498.3 mil barrels A larger than expected decline in crude oil inventories will support oil prices. United States California Manufacturing Survey 2021Q2: 67.1 Singapore GDP - Advanced 2021Q1: United States FOMC Minutes Mar. 2021: There weren't any surprises from the Federal Open Market Committee March meeting minutes, which showed the central bank isn’t going to be changing its forward guidance on its monthly asset purchases any time soon, nor is the bank losing sleep over inflation. United States Consumer Credit (G19) Feb. 2021: $27.6 bil Consumer credit expanded by $27.6 billion in February 2021 following an upwardly revised $100 million increase in January. United States Semiconductor Billings Feb. 2021: -1.0% Global semiconductor sales totaled $39.6 billion in February. Chile Foreign Trade Mar. 2021: US$535.3 mil Chile's trade surplus narrowed in March on the back of rising imports, but the smaller haul belies an export surge: Goods exports reached a near 10-year high amid rising copper prices. China Manufacturing PMI Mar. 2021: China Consumer Price Index Mar. 2021: » VIEW MORE ECONOMIC INDICATORS |