Thursday, October 22, 2020 |
Today's Economy LatAm Daily Briefing: A Daunting Fiscal Outlook The pandemic has taken a big toll on Latin America's fiscal health. Europe Daily Briefing: COVID Weighs on European Consumers Confidence indicators are down across the board. What Options Does the Fed Have? With fiscal stimulus not likely until next year, the central bank can help, but not much. Asia-Pacific Daily Briefing: Australia's Retail Sales Eased in September Households may get another policy boost in the months ahead. » VIEW MORE TODAY'S ECONOMY
Commentary Canada Risk Matrix Update: For Better and Worse On balance, the risks facing the Canadian economy have increased because of surging COVID-19 cases. New Data Offer Optimism for Senegal Real GDP contracted in the second quarter but outperformed expectations significantly. The Fall COVID Wave Is Washing Over Much of U.S. Impact of surging cases in the middle of the country is visible in real-time metrics. More Infections, Weaker Economy Higher U.S. COVID-19 infections are statistically linked with weaker labor market outcomes. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States Moody's Analytics Beige Book Index Oct. 2020: 116.7 The Moody’s Analytics Beige Book Index took another big leap in October, rising from -2.8 to 116.7. United States Jobless Claims October 17: 787,000 U.S. initial claims for unemployment insurance benefits were distorted recently by California’s decision to halt processing new filings. United States Existing-Home Sales Sep. 2020: 6.54 mil Existing-home sales rose 9.4% in September to 6.54 million units annualized, their highest level since May 2006. United States St. Louis Fed Financial Stress Index October 16: -0.36 The St. United States Conference Board Leading Indicators Sep. 2020: 0.7% Leading economic indicators for September signal further deceleration in the U.S. recovery. United States Natural Gas Storage Report October 16: 49 bil cubic feet The rise in natural gas stocks last week closely matched analyst predictions, suggesting that this report will have a negligible effect on gas prices. United States Kansas City Fed Manufacturing Survey Oct. 2020: 13 Manufacturing within the 10th District remained in expansion territory in October and activity increased at a faster pace compared with the previous month. Argentina Economic Activity Indicator Aug. 2020: -11.6% Argentina's statistics office’s monthly economic activity index, IMAE, dropped 11.6% y/y in August, after contracting 13.1% in July. New Zealand Consumer Price Index 2020Q3: South Korea GDP 2020Q3: Japan Consumer Price Index Sep. 2020: » VIEW MORE ECONOMIC INDICATORS |
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