Today's Economy Economic Roundup: Fed's New Forward Guidance Launches Without a Hitch There are still some details to be ironed out but the guidance didn't rattle markets. LatAm Daily Briefing: Bolsonaro Bargains Brazil's president is locked in a battle with Congress to extend pandemic assistance. Food for Thought on U.S. Retail Sales Restaurant spending helped the numbers in August. U.S. Inflation Accelerates Prices increased across a wide range of product categories in September. » VIEW MORE TODAY'S ECONOMY
Commentary Australia's Unstoppable Used-Vehicle Prices The meteoric rise in wholesale prices has taken place as Aussie unemployment has reached its highest point in 20 years. Peru Outlook: Andean Tiger by the Tail Latin America's star pupil faces a daunting road to recovery. Australia Risk Matrix Update: Victoria's Disruptive Second Wave The COVID-19 outbreak has elevated downside risks to the recovery. U.S. Household Income Was Strong in 2019 Poverty fell as median household income jumped; health coverage expanded. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom Consumer Price Index Aug. 2020: 0.2% U.K. Euro Zone External Trade Jul. 2020: €27.9 bil The euro zone’s not seasonally adjusted trade surplus in goods widened to €27.9 billion in July from €20.2 billion in June as the COVID-19 pandemic continued to stunt global trade. United States MBA Mortgage Applications Survey September 11: -2.5% Mortgage applications declined by 2.5% over the week of September 11, partially reversing the 2.9% rise the previous week. United States Retail Sales Aug. 2020: 0.6% The recovery in retail sales, like many other measures of economic activity, has slowed, although in this case it is at least in part because the recovery is nearly complete. Canada Consumer Price Index Aug. 2020: 0.1% Consumer price inflation remains completely dormant. Canada International Transactions in Securities Jul. 2020: -C$8.5 bil Continuing from the prior month, foreign investors shed holdings of Canadian securities at a moderate pace. United States NAHB Housing Market Index Sep. 2020: 83 Homebuilder confidence reached a record high in September. United States Business Inventories (MTIS) Jul. 2020: 0.1% Business inventories rose in July, though by less than expected. United States Oil Inventories September 11: 496.0 mil barrels An unexpected decline in oil inventories will be a plus for oil prices. Singapore Foreign Trade Aug. 2020: United States FOMC Monetary Policy Sep. 2020: 0% to 0.25% The Federal Open Market Committee meeting was dovish, as the central bank signaled that it will keep rates at rock bottom through at least 2023. Argentina Consumer Price Index Aug. 2020: 40.7% Argentina's statistics office’s national consumer price index increased 2.7% in August, down from 4% a year earlier. United States Treasury International Capital Flows Jul. 2020: $10.8 bil Net long-term capital flows were positive for the third straight month in July. Brazil Monetary Policy Sep. 2020: New Zealand GDP 2020Q2: Australia Employment Situation Aug. 2020: » VIEW MORE ECONOMIC INDICATORS |