Today's Economy Happy New Year From Economic View We will be back on Monday. Canada Weekly: Trade Tumult in 2020 Overall exports fell 7% versus the preceding five-year trend. Singapore's Outsize Export Performance Masks Trends in Electronics Nonelectronics have supported strong growth in exports and production. Chinese Tourism Threatened by Outbreaks Ahead of Lunar New Year COVID-19 flare-ups have put authorities on high alert. » VIEW MORE TODAY'S ECONOMY
Commentary South Korea Risk Matrix Update: Third Wave Weighs on Economic Recovery Concerns are growing about the recent shutdowns of key industrial plants due to reported infections. China Risk Matrix Update: Hope for Sustained Rebound The country has done an outstanding job containing new virus cases but may struggle to do so during the winter holiday season. Europe Weekly Highlights and Preview: 31 December, 2020 Income data will offer a clearer view of the consequences of November's lockdown measures. 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. » VIEW MORE COMMENTARY
Today's Economic Indicators
Chile Employment Nov. 2020: 10.8% The national unemployment rate averaged 10.8% in the September-November rolling quarter, down from a recent peak of 13.1% in May-July, but sharply up from 7% a year earlier. Chile Manufacturing Production Nov. 2020: -1.7% Chile's industry reported a fall in November after a strong rebound in the previous two months. Chile Retail & Wholesale Sales Nov. 2020: 15.2% Chile’s retail and wholesale sales posted another impressive gain in November, rising 15.2% y/y. United States Jobless Claims December 26: 787,000 U.S. initial claims for unemployment insurance are more unreliable than unusual this time of year because of seasonal adjustment issues surrounding the holidays. United States St. Louis Fed Financial Stress Index December 25: -0.58 The St. United States Natural Gas Storage Report December 25: -114 bil cubic feet The draw in natural gas inventories fell short of analyst expectations, suggesting that this report will weigh on gas prices somewhat. » VIEW MORE ECONOMIC INDICATORS |