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 |