| Today's Economy
Europe Daily Briefing: News of COVID-19 Variant Chills European Stocks European stocks sell off with news of a heavily mutated variant in South Africa. Asia-Pacific Daily Briefing: Singapore's Factory Output Rebounds Elevated global demand for tech products will buoy industrial production in 2022. Asia-Pacific Issue Update: U.S. Ties With Taiwan Complicate U.S.-China Relations Regional geopolitical affairs include China's ASEAN pledge and a loosening of some regional borders. Europe Daily Briefing: German GDP Continues Recovery in Q3 GDP was driven solely by private consumption, as supply issues held back investments and exports. » VIEW MORE TODAY'S ECONOMY
Commentary
Europe Weekly Highlights and Preview, 26 November, 2021 France and Italy's GPD likely grew in the third quarter. Asia-Pacific Weekly Highlights and Preview, 26 November, 2021 India's Q3 GDP is expected to have grown 7.4% q/q. 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. » VIEW MORE COMMENTARY
Today's Economic Indicators
Singapore
Industrial Production
Oct. 2021: 16.9% y/y
Singapore’s industrial production rebounded with a 16.9% y/y surge in October after September’s 2.2% decline. Norway
Retail Sales
Oct. 2021: 1.2% m/m
Norway’s retail sales, excluding motor vehicles and gas, rose 1.2% m/m in October, adding to a 0.5% increase in September. Switzerland
GDP
2021Q3: 1.7% q/q
Swiss GDP increased by 1.7% q/q in the third quarter, just 0.1 percentage point shy of the previous quarter and 1% higher than the fourth quarter of 2019, the last period before the pandemic hit. Sweden
Retail Sales
Oct. 2021: 0.4% m/m
Sweden’s retail sales increased by 0.4% m/m in October, following a 0.2% decline in September. Mexico
Trade Balance
Oct. 2021: -US$2,701 mil
Mexico’s trade balance remained in negative territory in October, as imports continued to grow faster than exports. Argentina
Retail Sales Index
Sep. 2021:
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