| Today's Economy
LatAm Daily Briefing: Down and Out in Lima The jobless rate remains high, and the latest report flashes a warning sign for Peru's recovery. Europe Daily Briefing: Consumer Demand Weakens Car registrations across the EU tumbled in October, and CPI cooled. Asia-Pacific Daily Briefing: Japan's October Exports Turned the Corner The rise in exports is a welcome change, but risks still darken the outlook for Japan. Business Cycle-Sensitive Securities Ignore COVID-19 Risks The Russell 2000, Dow Jones Transports, and Value Line Geometric were up. » VIEW MORE TODAY'S ECONOMY
Commentary
New Vehicles Less Affordable as Incomes Drop A new index captures components to gauge the American consumer’s ability to purchase a new car, truck or SUV. Global Outlook: Virus Surge Pains Recovery We now expect a weaker rebound through early 2021. APAC Outlook: Next Year Looks Better for Most of the Region APAC leads the global recovery, as it has contained the virus and joins the global trade rebound. Greece Outlook: A Brighter Post-Pandemic Future A second lockdown weighs on the near term, but strong investment bodes well longer term. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom
Consumer Price Index
Oct. 2020: 0.7%
U.K. Euro Zone
Consumer Price Index
Oct. 2020: -0.3%
Final numbers confirmed that euro zone consumer prices fell by 0.3% y/y in October, the same as in September. Chile
GDP
2020Q3: 9.1%
Chile’s economy rebounded in the third quarter as the country began the reopening process, although it still reported annual contraction. United States
MBA Mortgage Applications Survey
November 13: -0.3%
Mortgage applications inched down by 0.3% over the week of November 13, adding to the 0.5% decrease in the previous week. Canada
Consumer Price Index
Oct. 2020: 0.7%
Moderating declines among previously hard-hit prices, as well as rising shelter and food prices, accelerated the rate of inflation in October. United States
New Residential Construction (C20)
Oct. 2020: 1.530 mil
U.S. residential investment is not slowing down. United States
Quarterly Services Survey
2020Q3:
The advance estimates for services revenues during the third quarter demonstrate a convincing rebound. United States
Oil Inventories
November 13: 489.5 mil barrels
A smaller-than-predicted increase in oil inventories will support oil prices. Australia
Employment Situation
Oct. 2020:
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