Today's Economy Economic Roundup: Can't Get Enough Good Vaccine News Progress continues to be made, particularly in the U.S.; inflation may be spooking the bond market. Two Cheers for Japan Fourth-quarter GDP was stronger than expected, and a vaccine rollout starts this week. Temporary Acceleration in U.S. Inflation Is Coming The Fed will ignore the acceleration, as disinflationary forces will emerge in the second half. Europe Daily Briefing: Germany Restricts Southeastern Border Preliminary estimates show euro zone and Netherlands GDP each contracted in the fourth quarter. » VIEW MORE TODAY'S ECONOMY
Commentary Global Vaccine Tracker Update: More Good Than Bad There is still much room for improvement, but distribution and supply issues should be less binding over the next several months. U.S. Weekly Highlights and Preview, February 16, 2021 Initial claims for unemployment insurance benefits likely fell in the latest week. Africa COVID-19 Vaccination Roundup Progress has been slow thus far. Trade Links Key to APAC Recovery China's goods producing supply chains drive the pattern of economic recovery in the region. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada International Transactions in Securities Dec. 2020: C$5.1 bil Canadian investors ended the year with a shopping spree. United States NY Empire State Manufacturing Survey Feb. 2021: 12.1 Manufacturers in New York are more sanguine than they have been at any point since early autumn, according to the February Empire State Manufacturing Survey. World Moody's Analytics Survey of Business Confidence February 12: -5.9 Global businesses remain anxious over the pandemic, as they have been since the pandemic struck nearly a year ago. United States Moody’s Analytics Policy Uncertainty Index February 12: 405.2 The four-week moving average in our U.S. policy uncertainty index fell from 406.6 to 405.2 in the week ended February 12. Singapore Foreign Trade Jan. 2021: United States Cox Automotive/Moody’s Analytics Vehicle Affordability Index Jan. 2021: 32.2 weeks, NSA New-vehicle affordability increased in January, the third consecutive month in which vehicle affordability rose. United States Treasury International Capital Flows Dec. 2020: $121.0 bil Net long-term capital flows were positive for the eighth straight month in December. Japan Machinery Orders Dec. 2020: Japan Foreign Trade Jan. 2021: » VIEW MORE ECONOMIC INDICATORS |