| Today's Economy
Economic Roundup: Ominous Sign from Canada's Thanksgiving COVID-19 cases spiked in Canada after the holiday, and the U.S. could be next. LatAm Daily Briefing: The Pass-Through Tango The spiral of inflation and exchange rates in Mexico and Brazil resembles the dance's to and fro. Europe Daily Briefing: Weak Demand Hits Italian Prices Italy's GDP should contract in the December quarter, keeping a lid on inflation pressures. Asia-Pacific Daily Briefing: Japan's Third Quarter Comeback Thailand's GDP contracted in the third quarter, though by less than in the second. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: Approaching a Tipping Point The U.S. recovery is entering the new COVID-19 surge in a fragile state. U.S. Weekly Highlights and Preview, November 16, 2020 Housing data should be solid. 2020 U.S. Election: No Big Surprises Our 2020 presidential election models were accurate, with only a couple of blind spots. Australia Used-Vehicle Price Gains Are Unsustainable The average for 1-year-old vehicles came in at over 90% of MSRP during the past two months. » VIEW MORE COMMENTARY
Today's Economic Indicators
Italy
Consumer Price Index
Oct. 2020: -0.3%
Italy's headline CPI ticked down by 0.3% y/y in October, confirming preliminary estimates. Canada
Survey of Manufacturing
Sep. 2020: 1.5%
Manufacturing sales in September made up for their slip in August. United States
NY Empire State Manufacturing Survey
Nov. 2020: 6.3
Manufacturing in New York is still heading in the right direction, but hopes that the state's economy is finding another gear are dimmed by the November Empire State Manufacturing Survey. World
Moody's Analytics Survey of Business Confidence
November 13: -10.4
The intensifying COVID-19 pandemic is weighing heavily on global business sentiment. Assessments of present conditions are especially weak, with the percent of positive responses close to the 20% threshold consistent with a global recession. Singapore
Foreign Trade
Oct. 2020:
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