Today's Economy Economic Roundup: When You Come to a Fork in the Road, You Take It Odds of fiscal stimulus ahead of the election are fading. LatAm Daily Briefing: Between Two Fridays Peru's president was acquitted of corruption charges a week after his impeachment. Europe Daily Briefing: COVID Uptick to Slow German Recovery Retail trade will wither, while job insecurity will curb consumer demand. M2’s Liftoff Reflects Unsustainable Accumulation of Cash The current cash assets of businesses and households exceed what they will hold long term. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Recovery Cooling With the Weather Data released last week offer no clear evidence that the economy’s recovery accelerated. U.S. Weekly Highlights and Preview, September 21, 2020 We expect another gain in existing-home sales. U.S. State and Local Government Shortfall Update The economic outlook has marginally improved. Europe Weekly Highlights and Preview: 18 September, 2020 We expect flash PMIs to show confidence faltered across most countries at the end of Q3. » VIEW MORE COMMENTARY
Today's Economic Indicators
Hong Kong GDP 2020Q2: Canada New Housing Price Index Aug. 2020: 2.1% New-home prices are accelerating, reflecting a combination of low inventory, rising input costs, and stronger demand. United States Chicago Fed National Activity Index Aug. 2020: 0.79 The August reading for the Chicago Fed’s National Activity Index showed continued moderation after unprecedented swings earlier in the year. India Foreign Trade Aug. 2020: -US$6.8 bil India’s trade deficit widened to $6.8 billion in August from $4.8 billion in July. World Moody's Analytics Survey of Business Confidence September 18: -15.6 Global businesses remain anxious, as they have since the pandemic struck at the start of the year. Singapore GDP - Advanced 2020Q3: United States Financial Accounts - Households 2020Q2: $118.96 tril Household wealth recovered in the second quarter as the stock market reversed its COVID-19 plunge as the economic recession ended almost as quickly as it started. United States Financial Accounts - Nonfinancial Corporate 2020Q2: $15.81 tril Nonfinancial corporate business wealth decreased by $1.4 trillion to $15.81 trillion during the second quarter. » VIEW MORE ECONOMIC INDICATORS |