| Today's Economy
U.S. Used-Vehicle Prices Cool Down to End the Year Seasonal price decreases from early fall have accelerated in November and December. U.S. Stimulus Coming as Trump Puts Pen to Paper Some changes to our baseline forecast are likely needed. Brazil's Job Market Chases Pre-Pandemic Peak The formal sector recovery is near complete. Happy Holidays From Economic View! We will return on Monday, December 28. » VIEW MORE TODAY'S ECONOMY
Commentary
Japan Risk Matrix Update: Positives, Negatives Amidst the Recovery The country's external position is favourable, but the country is battling a surge in COVID-19. Monetary Policy in APAC: Overview and Outlook Rate cuts in 2021 are unlikely in countries such as Japan and Australia, where interest is already negative or close to the zero bound. Key Questions for 2021 The path of the U.S. economy remains tied to the pandemic and distribution of the vaccine. Asia-Pacific Weekly Highlights and Preview: 31 December, 2020 Manufacturing likely led the improvement in Singapore's GDP. » VIEW MORE COMMENTARY
Today's Economic Indicators
Thailand
Foreign Trade
Nov. 2020: US$1.9 bil
Falling exports and growing imports weighed on Thailand’s foreign trade as the trade surplus fell to $1.9 billion in November, from a revised $3.5 billion surplus in October. United States
Advance Wholesale and Retail Inventories
Nov. 2020: -0.1%
The inventory build in the fourth quarter will provide a sizable boost to GDP growth, more than offsetting the drag from net exports. United States
International Trade in Goods - Advanced
Nov. 2020: -$84.8 bil
The widening in the advance nominal U.S. goods deficit in November nearly solidifies that net exports will be a drag on fourth quarter GDP. United States
Pending Home Sales
Nov. 2020: 125.7
The National Association of Realtors reported that pending home sales index dipped 2.6% to 125.7 in November, the third straight monthly decline. United States
Oil Inventories
December 25: 493.5 mil barrels
A larger than expected decline in oil inventories will support oil prices. Russian Federation
GDP
2020Q3: -3.4%
Russian GDP declined by 3.4% in the third quarter. United States
Agricultural Prices
Nov. 2020: 4.1%
The Agricultural Prices Received Index rose 4.1% in November thanks to higher prices for both crops and livestock. China
Manufacturing PMI
Dec. 2020:
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