| Today's Economy
Economic Roundup: Lawmakers to Burn the Midnight Oil There was no deal yet on either stimulus or funding; the latter is needed to avert a partial shutdown. Canada Weekly: Looking Ahead to the Vaccine Vaccines are expected to be distributed by the end of Q3 next year, but risks are substantial. Geopolitical Risk Calendar: Stimulus Package Still Eludes U.S. Lawmakers In Europe, Brexit talks are extended again. Europe Daily Briefing: German Business Optimistic for Now The manufacturing sector has been buoyed by external demand and lately demand for cars and other capital goods. » VIEW MORE TODAY'S ECONOMY
Commentary
LatAm Risk Matrix Update: Virulent Second Wave Threatens A double-dip recession in the U.S. and China is the second highest risk for the region. Latin America Weekly Highlights and Preview: December 18, 2020 Mexican economic activity likely continued to advance. Euro Zone Risk Matrix Update: EU Compromises on New Budget The risk of no agreement has been removed. Europe Weekly Highlights and Preview: 18 December, 2020 Spain, the U.K. and Russia will report their Q3 GDP estimates. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan
Monetary Policy
Dec. 2020: ¥80 tril.
The Bank of Japan has responded to the intensifying domestic conditions with a six-month extension of its emergency lending program, which is now set to end in September 2021. United Kingdom
Retail Sales
Nov. 2020: -3.84%
U.K. retail sales fell 3.8% m/m in November after a 1.3% increase in October, ending a six-month streak of gains and reducing sales to only 2.6% above their February levels. Russian Federation
Monetary Policy
Dec. 2020: 4.25%
As expected, the Central Bank of Russia maintained its key policy rate at its December meeting. Canada
Retail Trade
Oct. 2020: 0.4%
Canadian retail sales continued to move forward in October, but progress is slowing. United States
Current Account
2020Q3: -$178.5 bil
The U.S. current account deficit widened less than anticipated in the third quarter as trade and income flows rebounded following COVID-19’s severe disruption to activity in the second quarter. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
December 16: 82.0
The pandemic recovery remains in a holding pattern. Uruguay
GDP
2020Q3: -5.9%
Uruguay’s economy rebounded in the third quarter following the easing of restrictions implemented in the previous quarter. United States
Regional and State Employment
Nov. 2020:
State and regional employment for November provides more evidence of a slowing labor market recovery as the recent surge in new COVID-19 weighs on economic growth. United States
Conference Board Leading Indicators
Nov. 2020: 0.6%
Leading economic indicators for November packed on another increase despite signs elsewhere in the economy that the recovery is slowing. Russian Federation
Retail Sales
Nov. 2020: -3.1%
Russian retail moved in the wrong direction in November. Russian Federation
Unemployment
Nov. 2020: 6.1%
Russia's unemployment rate came in at 6.1% in November. Colombia
Monetary Policy
Dec. 2020: 1.75%
Colombia’s central bank board left the reference interest rate unchanged at 1.75% after December’s regular meeting. » VIEW MORE ECONOMIC INDICATORS | 
