| Today's Economy
U.S. Risk Matrix Update: Fear Is Biggest Coronavirus Risk The immediate economic impact will be concentrated in Asia. LatAm Daily Briefing: The Would-Be Comeback Kid The Brazilian economy entered 2020 with a whimper. Final Thoughts Ahead of Q4 U.S. GDP We look for growth of 1.7% at an annualized rate. Europe Daily Briefing: Consumers Vs. Coronavirus Chinese travel restrictions are expected to hurt European tourism and retail. » VIEW MORE TODAY'S ECONOMY
Commentary
Politics in Brief: In-Fighting Over the Budget The EU must bridge diverging interests to hammer out its long-term budget. Brazil Outlook: On the Road to Recovery The economy is gaining strength, and confidence is improving. U.S. Chartbook: The Housing Highlight Existing-home sales rallied in December, and the trend remains favorable. U.S. State and Local Outlook: A Difficult Balancing Act Policymakers are enjoying the fruits of the long expansion, but they face massive uncertainty. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan
Consumer Confidence
Jan. 2020: 39.1
Japan's consumer confidence index held steady at 39.1 in January, a level that marks the highest reading observed since June last year. Spain
Retail Sales
Dec. 2019: -0.7%
Retail sales disappointed in the last month of 2019, falling 0.7% in seasonally adjusted terms. United States
MBA Mortgage Applications Survey
January 24: 7.2%
Mortgage applications rose 7.2% in the week ending January 24, with both the refinance and purchase indexes increasing. United States
Advance Wholesale and Retail Inventories
Dec. 2019: -0.1%
Wholesale inventories fell slightly in December, down 0.1% from November but up 2.3% from December 2018. United States
International Trade in Goods - Advanced
Dec. 2019: -$68.3 bil
The advance estimate of the nominal goods deficit for December widened more than anticipated, coming in at $68.3 billion, compared with the $63 billion in November. United States
Pending Home Sales
Dec. 2019: 103.2
The National Association of Realtors pending home sales index decreased 4.9% to 103.2 in December, giving back nearly all of the gains registered during 2019. United States
Oil Inventories
January 24: 431.7 mil barrels
Crude oil inventories rose by 3.5 million barrels in the week ended January 24, well ahead of expectations of a 340,000-barrel decline. United States
FOMC Monetary Policy
Jan. 2020: 1.50 to 1.75%
The Federal Open Market Committee didn’t throw any curve balls at the conclusion of its January meeting. Chile
Monetary Policy
Jan. 2020: 1.75%
Chile’s central bank kept its monetary policy paused since the economy remains at risk and financial volatility persists. » VIEW MORE ECONOMIC INDICATORS | 
