Today's Economy Economic Roundup: Only Higher Mortgage Rates Can Cool U.S. Housing Market The risk is that house prices increase too quickly this year. Canada Weekly: Is the Price Right? Inflation in 2020 will end up at just 0.7%, the slowest year of price growth since 2009. COVID-19 Policy Tracker: ECB Holds Fast on Pandemic Approach Much of the euro zone remains in lockdown, but may need to extend stimulus soon. FOMC Preview: Monetary Policy on Autopilot for a While The only potential surprise next week could come from Jerome Powell’s post-meeting presser. » VIEW MORE TODAY'S ECONOMY
Commentary Latin America Weekly Highlights and Preview: January 22, 2021 The recovery in Latin America remains a tale of three regions. Averting an Eviction Crisis Millions of Americans struggling with the economic fallout from the virus may soon face months of back rent that they can’t possibly afford. Europe Weekly Highlights and Preview, 22 January, 2021 German unemployment was likely unchanged in December, while joblessness likely rose in the U.K. Asia-Pacific Weekly Highlights and Preview: 22 January, 2021 Export revival drove South Korea's rebound. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom Retail Sales Dec. 2020: 0.3% U.K. retail sales rose by 0.3% m/m in December after a downwardly revised 4.1% fall in November. Canada Retail Trade Nov. 2020: 1.3% Canadian retail sales picked up the pace in November. United States Moody’s Analytics & CNN Business Back-to-Normal Index January 20: 81.9 The Moody’s Analytics & CNN Business Back-to-Normal Index inched up this week. United States Existing-Home Sales Dec. 2020: 6.76 mil Existing-home sales rose 0.7% in December to 6.76 million units annualized, extending the upbeat trend that started in June and closing in on their highest level since spring 2006. United States Natural Gas Storage Report January 15: -187 bil cubic feet The draw in natural gas inventories was greater than analyst predictions, indicating that this report will help support gas prices. United States Oil Inventories January 15: 486.6 mil barrels An unexpected increase oil inventories will dent oil prices. » VIEW MORE ECONOMIC INDICATORS |