Today's Economy Economic Roundup: Powell Pushes Congress to Do More The Fed Chairman is worried that liquidity issues could turn into solvency ones. LatAm Risk Matrix Update: Coronavirus Tops List The COVID-19 crisis has become the main economic threat to the region. Lender, Not Spender of Last Resort The Fed chairman was not so subtle in pushing Congress to do more. Europe Daily Briefing: No Sector Left Unscathed in Q1 The U.K.'s first-quarter GDP estimate was poor, but not as bad as its European peers. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Risk Matrix Update: Fiscal Policy Could Help or Hurt A second wave of COVID-19 later this year is a key downside risk. U.S. Chartbook: Could Be Worse...No, Not Really Labor market data point to a long and difficult 2020. U.S. Weekly Highlights and Preview, May 11, 2020 The consumer price index likely declined in April for a second consecutive month. U.S. Unemployment Is More Than Meets the Eye The official unemployment rate undersells the true labor market impact of the COVID-19 crisis. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia GDP 2020Q1: 0.7% Malaysia’s economy avoided a contraction in the first quarter of 2020, growing 0.7% y/y. United Kingdom Monthly GDP Mar. 2020: -5.8% The U.K. monthly GDP report confirmed that the COVID-19 crisis brought the economy to its knees. United Kingdom GDP - Quarterly 2020Q1: -2.0% Preliminary numbers showed that U.K. Euro Zone Industrial Production Mar. 2020: -11.3% Euro zone industrial production slumped by 11.3% m/m in March after shedding 0.1% in February, marking the worst result on record. United States MBA Mortgage Applications Survey May 08: 0.3% Mortgage applications increased 0.3% over the week of May 8, adding to the 0.1% increase in the previous week. Brazil Retail Sales Index Mar. 2020: -1.2% Household consumption lost steam in March as the closure of activities hit consumers' pockets. World Moody's Analytics Global CPI Apr. 2020: -2.6% Global consumer prices fell by 2.6% in April in month-ago terms, building on the 0.1% downtick in March, as the effects of the COVID-19 outbreak grind the global economy to a halt. United States Producer Price Index Apr. 2020: -1.3% The producer price index dropped 1.3% in April, the largest decline since December 2009. Peru Consumer Price Index Apr. 2020: 1.7% The Lima CPI rose 1.7% in April on a year-ago basis, the first full-month reading since the imposition of a national quarantine in late March. United States Oil Inventories May 08: 531.5 mil barrels After weeks of massive builds, crude oil inventories fell last week, which should be a major stimulus for oil prices. Australia Employment Situation Apr. 2020: » VIEW MORE ECONOMIC INDICATORS |