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 |