Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Thursday, February 20, 2020

Today's Economy


LatAm Daily Briefing: IMF Supports Argentina Restructure

The organization has deemed the country's debt unsustainable.

Weather Helping U.S. Initial Claims Stay Low

New data point toward another above-trend gain in job growth.

Europe Daily Briefing: Retail Sales Brighten as Uncertainty Fades

Sales should ramp up further in the coming months.

Asia-Pacific Daily Briefing: China and Indonesia Release Further Support

The PBoC reduced the Loan Prime Rate on Thursday, following Monday's cut to the MLF.

» VIEW MORE TODAY'S ECONOMY



Commentary


Global Outlook: Slower for Longer

The coronavirus outbreak will weigh on growth in the first half of 2020.

U.S. Chartbook: Placid Prices

Inflation remains muted, keeping the Federal Reserve on hold for the foreseeable future.

COVID-19 Alternative Scenarios

As the coronavirus spreads, the global economic damage is mounting.

U.S. Macro Outlook: An Uneven Economy

The economic toll of the coronavirus outbreak should give way to a midyear rebound.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Indonesia
Monetary Policy
Feb. 2020: 4.75%
Bank Indonesia cut its policy rate by 25 basis points to 4.75% on Thursday.

France
Consumer Price Index
Jan. 2020: 1.7%
France's EU-harmonized inflation rate increased to 1.7% y/y in January after hitting 1.6% in December.

United Kingdom
Retail Sales
Jan. 2020: 0.9%
U.K. retail sales rose by 0.9% m/m in January, fully reversing the 0.5% fall in December and marking the sharpest monthly increase in 10 months.

Russian Federation
Retail Sales
Jan. 2020: 2.7%
Russian retail trade remains healthy despite a large but typical seasonal decline in January.

Canada
ADP Canada National Employment Report
Jan. 2020: 25,877
A

Canada
New Housing Price Index
Jan. 2020: 0.2%
New-home price appreciation continues in fits and starts.

United States
Jobless Claims
February 15: 210,000
The low level of initial claims for unemployment insurance benefits reflects the enduring health of the U.S. labor market.

United States
Philadelphia Fed Survey
Feb. 2020: 36.7
The Philadelphia Fed’s manufacturing outlook survey index increased to 36.7 in February, signaling that a higher share of district manufacturers are seeing greater business activity.

Russian Federation
Unemployment
Jan. 2020: 4.7%
In line with market expectations, Russia’s unemployment rate climbed to 4.7% in January after not budging for three months.

United States
St. Louis Fed Financial Stress Index
February 14: -1.60
Financial market stress declined for the second straight week behind improving financial conditions.

United States
Conference Board Leading Indicators
Jan. 2020: 0.8%
Leading economic indicators show that the U.S. expansion remains in good shape.

United States
Oil Inventories
February 14: 442.9 mil barrels
Crude oil inventories rose by less than expected last week, a positive for oil prices.

United States
Natural Gas Storage Report
February 14: -151 bil cubic feet
The decline in natural gas stocks last week was slightly larger than market analysts were expecting, which will have a modest positive impact on prices.

China
Monetary Aggregates
Jan. 2020:

Japan
Consumer Price Index
Jan. 2020:

» VIEW MORE ECONOMIC INDICATORS

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