Today's Economy LatAm Daily Briefing: Mexico's Money Expansion Driving Inflation The country's central bank is favoring economic growth over its anti-inflation mandate. Europe Daily Briefing: German Factories See More Orders Factory orders ramp up in February thanks to ongoing restocking and investment. Asia-Pacific Daily Briefing: Japan's Consumer Sentiment Recovering, For Now Confidence continued recovering in March, but fresh localised outbreaks will cap further gains. Job Openings Jump Complements Small-Business Survey Results February's NFIB survey found 40% of small-business jobs were hard to fill. » VIEW MORE TODAY'S ECONOMY
Commentary Euro Zone Risk Matrix Update: Vaccine Delay Concerns We remove two risks, add one. The Evolution of the Vaccine: It’s Getting Late Early Demand for COVID-19 vaccines now matters more to states than shortages. India Forecast Update: Intense Second Wave Could Weigh on Recovery Recovery hangs on how effectively authorities handle the COVID-19 resurgence. 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. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan Consumer Confidence Mar. 2021: 36.1 Japan's consumer confidence index continued to run high in March to 36.1, following a strong rebound in February. Ireland Industrial Production Feb. 2021: 4.3% Irish industrial production increased by 4.2% m/m in February and surged by 40.2% in yearly terms. Sweden Industrial Production Feb. 2021: 1.0% Sweden’s industrial production increased by 1% m/m in February after a 0.5% decline in January. Norway Industrial Production Feb. 2021: -1.2% Norway’s industrial production slid by 1.2% m/m in February following a 1.1% gain in the previous month. Ireland Consumer Price Index Mar. 2021: 0.0% After falling for 11 consecutive months, Irish CPI stayed on par with its year-ago level in March for the first time. Chile Consumer Price Index Mar. 2021: 2.88% y/y Chile’s inflation stayed around the 3% target in March, with pressures coming from prices of tradable goods. Mexico Consumer Price Index Mar. 2021: 4.67% y/y Mexico’s inflation strongly rebounded in March, climbing well above the 3% target, thus raising alerts. United States Jobless Claims April 03: 744,000 U.S. initial claims for unemployment insurance have been choppy in recent weeks with little sign of improvement. Netherlands Consumer Price Index Mar. 2021: 1.9% y/y Inflation in the Netherlands rose slightly in March largely because of energy and clothing prices. United States St. Louis Fed Financial Stress Index April 02: -0.81 The St. United States Natural Gas Storage Report April 02: 20 bil cubic feet Last week’s increase in natural gas inventories roughly matched analyst expectations, so this report will have minimal effect on gas prices. Argentina Industrial Production - Advance Feb. 2021: 1.6% y/y Industrial output in Argentina increased 1.6% y/y in February NSA, after 4.2% in January. United States Semiconductor Billings Feb. 2021: -1.0% Global semiconductor sales totaled $39.6 billion in February. China Consumer Price Index Mar. 2021: China Producer Price Index Mar. 2021: » VIEW MORE ECONOMIC INDICATORS |