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, August 12, 2020

Today's Economy


LatAm Daily Briefing: Dr. Copper Detects a Heartbeat

The red metal is poised for gains as manufacturers draw down inventories and producers quickly run into supply constraints.

Europe Daily Briefing: U.K. Crashes Into Deepest Recession Ever

No sector of the economy was left unscathed.

High-Cost U.S. Cities See Apartment Rents Collapse

An exodus of demand during the pandemic has landlords cutting prices in the densest, most expensive markets.

Asia-Pacific Daily Briefing: South Korea Expands 'New Deal' to Create Jobs

The jobless rate inched down in July, but the COVID-19 threat remains.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Risk Matrix Update: New Deadline for a Coronavirus Package

There is a good chance incoming economic data between now and Labor Day will worsen.

COVID-19 and the Higher Education Quandary

The pandemic in combination with potential financial distress has left universities scrambling.

U.S. Weekly Highlights and Preview, August 10, 2020

The consumer price index likely rose 0.4% in July, a touch stronger than the consensus.

U.S. Chartbook: A Precarious Recovery

New data signal a recovery is slowing its pace.

» VIEW MORE COMMENTARY



Today's Economic Indicators


China
Monetary Aggregates
Jul. 2020: 10.7%

United Kingdom
Monthly GDP
Jun. 2020: 8.7%
U.K.

United Kingdom
GDP - Quarterly
2020Q2: -20.4%
Preliminary numbers confirmed that the COVID-19 crisis brought the U.K. economy to its knees.

Italy
Consumer Price Index
Jul. 2020: -0.4%
Italy's headline consumer price index fell 0.4% y/y in July, below preliminary estimates.

Euro Zone
Industrial Production
Jun. 2020: 9.1%
Euro zone industrial production rose by a sharp 9.1% m/m in June and built on a 12.3% increase in May, though it is still reading 11.4% below February’s levels.

United States
MBA Mortgage Applications Survey
August 07: 6.8%
Mortgage applications rose 6.8% over the week of August 7, after a 5.1% decrease in the previous week.

Brazil
Retail Sales Index
Jun. 2020: 0.6%
Retail stores reported growth in annual and monthly terms as some activities started operations.

United States
Consumer Price Index
Jul. 2020: 0.6%
The bounce in U.S. consumer prices over the past couple of months won’t raise any red flags for the Federal Reserve.

United States
NAR Metro Prices
2020Q2: 4.2%
The national median single-family house price rose 4.2% y/y during the second quarter despite the COVID-19 pandemic shuttering large parts of the economy.

United States
Moody’s Analytics Policy Uncertainty Index
August 07: 219.1
The four-week moving average in our U.S. policy uncertainty index slipped from 220.2 to 219.1 in the week ended August 7.

United States
Oil Inventories
August 07: 514.1 mil barrels
A larger-than-expected decline in oil inventories will put upward pressure on oil prices.

United States
Treasury Budget
Jul. 2020: -$63.0 bil
The federal budget balance is gushing red ink.

Australia
Employment Situation
Jul. 2020:

» VIEW MORE ECONOMIC INDICATORS

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