Today's Economy Economic Roundup: After February Chill, U.S. Economy Quickly Thaws The Moody’s Analytics & CNN Business Back-to-Normal Index jumped this week. Canada Weekly: Woes for the Visitor Economy The global pandemic has decimated the Canadian tourism industry. A Year Later, Jobless Claims Still Signal U.S. Labor Market Distress Initial claims across all programs have topped 100 million over the last year. Geopolitical Risk Calendar: Frictions Emerge at U.S.-China Meeting In Europe, the vaccination campaigns took a step backward. » VIEW MORE TODAY'S ECONOMY
Commentary 2020Q4 Call Report Heat Map: Commercial Banks Weathering Storm A new tool to visualize U.S. commercial bank performance. Latin America Weekly Highlights and Preview: March 19, 2021 The first two months of the year were marked by new mobility restrictions because of the pandemic. Vaccine Passport Complications Dash Hopes of Tourism Turnaround in Asia Hurdles abound in discussions on a vaccine passport scheme. Europe Weekly Highlights and Preview: 19 March, 2021 The week's releases will offer a clearer picture of the U.K. economy's path this winter. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan Monetary Policy Mar. 2021: ¥80 tril. The Bank of Japan kept the short-term interest rate steady at -0.1%, and the 10-year bond yield target was kept at around 0% by an 8-to-1 vote in March. Russian Federation Monetary Policy Mar. 2021: 4.5% Following persistent acceleration in the inflation rate, the Central Bank of Russia implemented its first key policy rate hike at its March meeting. Canada Retail Trade Jan. 2021: -1.1% The decline in retail sales continued in January. United States Moody’s Analytics & CNN Business Back-to-Normal Index March 17: 86 The economic recovery is off and running. Russian Federation Retail Sales Feb. 2021: -1.3% y/y Russian retail trade slipped again in February after improving in January. Russian Federation Unemployment Feb. 2021: 5.7% Russia's unemployment rate came in at 5.7% in February, in line with market expectations. » VIEW MORE ECONOMIC INDICATORS |