| Today's Economy
Geopolitical Risk Calendar: Final COP26 Deal Comes Into Focus In a surprise, the U.S. and China release a joint climate statement. Europe Daily Briefing: Euro Zone Industrial Production Slows Supply issues weigh on capital goods production. Asia-Pacific Issue Update: U.S.-China Come Together On Climate Regional geopolitical affairs include COP26 developments, Xi’s hold on power and APEC. Asia-Pacific Daily Briefing: Malaysia's Third-Quarter GDP Falters We expect the economy to rebound from the fourth quarter into next year. » VIEW MORE TODAY'S ECONOMY
Commentary
Europe Weekly Highlights and Preview, 12 November, 2021 Energy prices will drive up the euro zone CPI. Asia-Pacific Weekly Highlights and Preview, 12 November 2021 Multiple indicators are expected to signal a slowdown in China. Fewer Restrictions Spell Good News for Many U.S. Tourist Hubs A pickup in international travel will provide a boost but is hardly a panacea for consumer spending. U.S. Road to Recovery: Growth to Reaccelerate The Delta variant caused global supply-chain problems to go from bad to worse in the third quarter. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain
Consumer Price Index
Oct. 2021: 5.4% y/y
Spain's consumer price index rose by 5.4% in yearly terms in October after a 4% gain in September. Euro Zone
Industrial Production
Sep. 2021: -0.2% m/m
Industrial production in the euro zone slipped by 0.2% m/m in September, deepening the 1.7% decline in August. India
Industrial Production
Sep. 2021: 3.1% y/y
India's industrial production index slipped in September after falling flat in August. India
Consumer Price Index
Oct. 2021: 4.5% y/y
Growth in India’s consumer price index held steady in October at 4.5% y/y compared with 4.4% in September. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
November 10: 93.3
This week’s reading of the Moody’s Analytics & CNN Business Back-to-Normal Index came in at 93.3, a 0.2-point decline from the previous week. United States
University of Michigan Consumer Sentiment Survey
Nov. 2021: 66.8
U.S. consumer confidence unexpectedly fell further to a pandemic-era low in November, according to the preliminary report from the University of Michigan. United States
Job Openings and Labor Turnover Survey
Sep. 2021: 6.6% openings rate
September data from the Job Openings and Labor Turnover Survey continue to underscore the challenges that employers are facing filling positions and retaining workers. United States
MBA Delinquency Rates
2021Q3:
Peru
Monetary Policy
Nov. 2021: 2%
The Central Reserve Bank of Peru delivered a smaller rate hike than we expected, reaffirming its assessment that the Peruvian economy faces a steep road to recovery and that supply bottlenecks pushing up inflation will prove transitory. Colombia
Industrial Production
Sep. 2021: 15.5% y/y
Manufacturing output continued to expand at a solid pace in September, as the number of new COVID-19 cases kept dropping, unleashing pent-up demand. United States
Treasury Budget
Oct. 2021: -$165.1 bil
The October Monthly Treasury Statement kicks off fiscal 2022. » VIEW MORE ECONOMIC INDICATORS | 