Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Thursday, November 26, 2020

Today's Economy


Bank Indonesia’s Surprise Rate Cut

The rupiah has been appreciating and the cut should instill further confidence in the currency.

Asia-Pacific Daily Briefing: Bank of Korea Stands Pat

The bank is relying on gains in domestic investment and a stronger trade position to propel growth.

Asia-Pacific Daily Briefing: Australia's Residential Prices on the Rise

Financial stability and high debt levels are still points of real concern for Australia.

Happy Thanksgiving From Economic View!

We will return on Monday, November 30.

» VIEW MORE TODAY'S ECONOMY



Commentary


Latin America Weekly Highlights and Preview, November 25, 2020

October figures on industrial production and retail sales will paint a sharper picture of regional disparities.

U.S. Regional Outlook: A Lid on the Gains

States that earlier had weathered the economic effects of the pandemic better are in a very different position today.

U.S. Employment Outlook: Recovery at Risk

The alarming escalation of COVID-19 infections will cast a pall over the labor market in coming quarters.

U.S. Weekly Highlights and Preview, November 23, 2020

We expect third-quarter GDP to be revised higher in the government’s second estimate.

» VIEW MORE COMMENTARY



Today's Economic Indicators


South Korea
Monetary Policy
Nov. 2020: 0.5%
The Bank of Korea kept its seven-day repurchase rate unchanged at 0.5% in its November meeting.

Singapore
Industrial Production
Oct. 2020: -0.9%
Singapore’s industrial production unexpectedly declined by 0.9% y/y in October, breaking the two-month streak of solid gains.

Canada
Earnings, Hours and Employment
Sep. 2020: 6.9%
The number of employees receiving pay or benefits from employers picked up in September.

Mexico
Economic Activity Index
Sep. 2020: -5.5%
Mexico's economic revival progressed in September, though at a more moderate pace as the epidemic persisted.

Mexico
GDP
2020Q3: -8.6%
As expected, Mexico’s economy reported a strong rebound in the third quarter as activities started to reopen after the shutdown caused by the pandemic.

World
Moody's Analytics Global HPI
2020Q3: 8.0%
The Moody’s Analytics nominal house price index was up 8% on a year-ago basis in the third quarter, building on the 7% rise in the previous quarter. So far this year, the index has been rising faster in each quarter than the average 5.9% y/y increase over 2019.

United States
St. Louis Fed Financial Stress Index
November 20:

Argentina
Retail Sales Index
Sep. 2020: -88.0%

Malaysia
Foreign Trade
Oct. 2020:

» VIEW MORE ECONOMIC INDICATORS

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