| Today's Economy
Europe Daily Briefing: German GDP Continues Recovery in Q3 GDP was driven solely by private consumption, as supply issues held back investments and exports. Asia-Pacific Daily Briefing: Bank of Korea Hikes Rates We expect another rate hike in the first quarter of 2022. Happy Thanksgiving Our U.S. offices are closed for the national holiday on Thursday and Friday, November 25 and 26. Inside Economics Podcast: Episode 34—Once and Future Inflation Why does the Fed have a 2% inflation target? » VIEW MORE TODAY'S ECONOMY
Commentary
Germany’s COVID-19 Situation: That Escalated Quickly Surging infections bring Europe's largest economy to the brink of lockdown. Global Vaccine Tracker: Troubling Rise in European Infections The seven-day moving average of COVID-19 cases in the U.S. also has resumed rising. LatAm Macro Roundup: Election Season Political turmoil threatens to take a toll on growth. APAC Outlook: Putting COVID-19 Behind Easing social distancing restrictions will allow domestic economies to accelerate. » VIEW MORE COMMENTARY
Today's Economic Indicators
Denmark
Retail Sales
Oct. 2021: 1.7% m/m
Denmark’s retail sales increased 1.7% m/m from September to October. Germany
GDP
2021Q3: 1.7% q/q
Germany's third quarter growth was confirmed in a second revision, coming in at 1.7% q/q, just below the previous estimate of 1.8% q/q. Hong Kong SAR (China)
Foreign Trade
Oct. 2021: -HK$30.5 bil
Hong Kong's trade deficit narrowed to HK$30.5 billion in October, from HK$42.4 billion in September. Sweden
Monetary Policy
Nov. 2021: 0.0%
Sweden’s Riksbank left its one-week repurchase policy rate unchanged. France
Job Seekers
Oct. 2021: 3.14 mil
The number of French job seekers fell by a whopping 111,200 in October to a total of 3.14 million. Mexico
Economic Activity Index
Sep. 2021: 0.9% y/y
Economic activity increased mildly in September as the peak of the pandemic was left behind and mobility restrictions lessened. Canada
Earnings, Hours and Employment
Sep. 2021:
Mexico
GDP
2021Q3: 4.5% y/y
Mexico’s economy surprised on the downside in the third quarter as activity reported a mild quarterly contraction. United States
St. Louis Fed Financial Stress Index
November 19:
Japan
Consumer Price Index
Nov. 2021:
Japan
Foreign Trade
Oct. 2021:
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