| Today's Economy
LatAm Daily Briefing: Argentine Peso Under Renewed Pressure The August debt restructuring was a big win, but the peso has gotten no relief. Economic Roundup: U.S. New-Home Sales Jump to Highest Since 2006 Low mortgage rates and pent-up demand continue to push sales higher. Europe Daily Briefing: Job Support Scheme Won't Prevent Job Losses The U.K.'s new winter plan is aimed at supporting the economy through the COVID-19 crisis. Asia-Pacific Daily Briefing: New Zealand's August Trade Perks Up The country's bigger issue is weak domestic spending, which will weigh on imports. » VIEW MORE TODAY'S ECONOMY
Commentary
Speed Trap Ahead for Autos Recent growth in U.S. used-vehicle prices and new vehicle sales is likely to slow in the coming months. Fiscal Risks for Rural America Rural economies will suffer most if Congress fails to support state and local governments. State Economies Warmed This Summer U.S. regional labor market data for August showed progress but a long road back to normalcy. The Macroeconomic Consequences: Trump vs. Biden The U.S. presidential candidates could not have more different governing approaches and policies, especially when it comes to economic policy. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada
Earnings, Hours and Employment
Jul. 2020: 8.7%
July saw business activity in Canada continuing to mount as reopenings were underway. United States
Jobless Claims
September 19: 870,000
Either way you slice it, initial claims for unemployment insurance benefits disappointed. United States
State Personal Income
2020Q2: 34.2%
Fiscal stimulus boosted state personal income in the second quarter of 2020. United States
St. Louis Fed Financial Stress Index
September 18: -0.39
The St. United States
New-Home Sales
Aug. 2020: 1,011,000
Monthly new-home sales data came in above expectations again. United States
Natural Gas Storage Report
September 18: 66 bil cubic feet
The rise in natural gas inventories fell shy of analyst predictions, which will put some upward pressure on prices. United States
Kansas City Fed Manufacturing Survey
Sep. 2020: 11
Manufacturing activity across the 10th District expanded in September but at a slower pace than last month, with the composite index registering a reading of 11 compared with 14 in August. Singapore
GDP - Advanced
2020Q3:
Mexico
Monetary Policy
Sep. 2020: 4.25%
Mexico’s central bank eased monetary conditions a little further in September despite the economy’s reactivation and inflation rebound. South Korea
Consumer Sentiment Index
Sep. 2020:
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