Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Wednesday, April 07, 2021

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

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