| Today's Economy
Economic Roundup: Is Congress Pulling the Banana in the Tailpipe Prank? With each passing day, odds rise that the stimulus package will be smaller. LatAm Daily Briefing: Brazil's Ultra-Expansive Monetary Policy The economy is reactivating but still performing well below pre-pandemic capacity. Europe Daily Briefing: U.K. Recovery Faces Headwinds The ECB eased its policy stance at its December meeting. Malaysia's 2021 Budget Passes in Parliament The measure, still to be debated, includes MYR3 billion for COVID-19 vaccines. » VIEW MORE TODAY'S ECONOMY
Commentary
Worst of COVID-19 Economic Exposure Heads North Surge in cases in the upper Midwest has altered the December map. Latin America Outlook 2021: Recovery Is Underway The region's economy left recession behind, but risks lurk ahead. The ECB Will Act Markets expect the central bank to expand monetary policy at Thursday's meeting. U.S. Weekly Highlights and Preview, December 7, 2020 The weakening economy has reenergized negotiations in Washington DC over another fiscal rescue package. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada
RPS House Price Index
Nov. 2020: 9.6%
France
Industrial Production
Oct. 2020: 1.6%
France’s headline industrial production rose by 1.6% m/m in October 2020, adding to the upwardly revised 1.6% increase in September. Overall output was still down 4.2% y/y, however. United Kingdom
Monthly GDP
Oct. 2020: 0.4%
U.K. Brazil
Retail Sales Index
Oct. 2020: 8.3%
Household consumption in Brazil advanced in October as the economy reopened. Euro Zone
Monetary Policy
Dec. 2020: 0%
The European Central Bank delivered what was mostly expected during its December meeting. United States
Jobless Claims
December 05: 853,000
U.S. initial claims for unemployment insurance jumped from 716,000 to 853,000 in the week ended December 5. United States
Consumer Price Index
Nov. 2020: 0.2%
The U.S. consumer price index rose 0.2% in November, a touch more than either we or the consensus expected. United States
St. Louis Fed Financial Stress Index
December 04: -0.69
The St. United States
Quarterly Services Survey
2020Q3:
Services revenues rose 7.8% during the third quarter of 2020 from the previous quarter in seasonally adjusted terms, compared with a 9.2% decrease during the second quarter. United States
Natural Gas Storage Report
December 04: -91 bil cubic feet
Natural gas inventories fell by slightly more than analysts had expected, which will provide modest upward momentum for gas prices. United States
Financial Accounts - Households
2020Q3: $123.52 tril
Household wealth has not only reversed its brief pandemic-related decline, it has surged to new highs. United States
Financial Accounts - Nonfinancial Corporate
2020Q3: $15.95 tril
Nonfinancial corporate business wealth decreased by $453 billion to $15.9 trillion during the third quarter. United States
Treasury Budget
Nov. 2020: -$145.3 bil
U.S. lawmakers are negotiating another pandemic relief package amid continued deterioration in federal budgetary conditions. » VIEW MORE ECONOMIC INDICATORS | 
