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.

Thursday, August 20, 2020

Today's Economy


Economic Roundup: U.S. Jobless Claims Sending Mixed Signals

Initial jobless claims moved higher, but continuing claims fell for the third straight week.

LatAm Daily Briefing: Argentina Debt Restructuring Not Enough

The battered peso has continued to sink in the unregulated market.

Europe Daily Briefing: Sweden's Jobless Rate Beats Consensus

German producer prices fell for the 11th straight month in July.

Asia-Pacific Daily Briefing: China Keeps LPR Steady in August

The Philippines central bank left the benchmark policy rate steady at a record-low 2.25%.

» VIEW MORE TODAY'S ECONOMY



Commentary


The U.S. Postal Service Helps Unite the States

The pandemic and the upcoming national election make shoring up USPS finances even more urgent.

Japan Risk Matrix Update: Deep in Recession

The economy also continues to battle its own unsettled COVID-19 health crisis.

Australia Used-Vehicle Prices Soar

Costs for used vehicles have increased 30.8% since April lows and are 16.2% higher than pre-pandemic prices.

U.S. Chartbook: Still on the Mend, but...

High COVID-19 case numbers continue to dampen the economy.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Canada
ADP Canada National Employment Report
Jul. 2020: 1,149,784
The Canadian job market recovered in July after three months of seven-figure losses.

United States
Jobless Claims
August 15: 1,106,000
Weekly initial jobless claims bucked expectations and turned higher again after improving in recent weeks.

United States
Philadelphia Fed Survey
Aug. 2020: 17.2
The Philadelphia Fed's manufacturing index ticked lower in August, falling to 17.2 from 24.1 in July.

United States
St. Louis Fed Financial Stress Index
August 14: -0.46
The St.

Russian Federation
Retail Sales
Jul. 2020: -2.6%
Russian retail has nearly recovered from the COVID-19 crisis.

United States
Conference Board Leading Indicators
Jul. 2020: 1.4%
Leading economic indicators reveal improving conditions.

United States
Natural Gas Storage Report
August 14: 43 bil cubic feet
The rise in natural gas inventories last week was roughly in line with analyst predictions, suggesting that this report will have little effect on gas prices.

Russian Federation
Unemployment
Jul. 2020: 6.3%
COVID-19 is still weighing on Russia's labour market.

Argentina
Economic Activity Indicator
Jun. 2020: -12.3%
The Argentine statistics office’s monthly economic activity index dropped 12.3% y/y in June after declining 20.5% in the previous month.

Japan
Consumer Price Index
Jul. 2020:

» VIEW MORE ECONOMIC INDICATORS

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