Today's Economy Europe Daily Briefing: Pandemic Crushes Confidence in November Positive data from the third quarter is overshadowed by the pandemic's return in Europe Asia-Pacific Daily Briefing: Malaysia's Exports Pick Up a Notch The country's 2021 budget has passed in parliament. 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. » 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
France Household Consumption Survey Oct. 2020: 3.7% France’s household consumption of goods jumped by 3.7% m/m in October, following an upwardly revised 4.4% decline in September. Spain Retail Sales Oct. 2020: 0.2% Spain’s retail sales increased 0.2% m/m in seasonally adjusted terms in October, after dropping in September. Euro Zone Business and Consumer Sentiment Nov. 2020: 87.6 The euro zone business and consumer sentiment index dropped to 87.6 in November from 91.1 in October. France GDP 2020Q3: 18.7% Final numbers reported that real GDP grew by 18.7% q/q in the third quarter after contracting by 13.8% in the second. Chile Employment Oct. 2020: 11.6% Mexico Trade Balance Oct. 2020: US$6,223.8 mil The country’s trade balance remained in positive territory in October as exports continued to advance, while imports contracted again. United States St. Louis Fed Financial Stress Index November 20: Colombia Monetary Policy Nov. 2020: » VIEW MORE ECONOMIC INDICATORS |