| Today's Economy
Economic Roundup: Tip of the Iceberg for U.S. Housing Existing-home sales drop in March. Lawmakers agree to additional stimulus, but it's not enough. LatAm Daily Briefing: Low Oil Prices Bring Pain The price collapse will hinder fiscal revenues measurably in many countries. Europe Daily Briefing: A Tiny Glimmer of Light Investors expect the German and euro zone economies to start recovering in the third quarter. Spain Extends Lockdown Despite Economic Toll The extension into May was expected given how hard COVID-19 has hit the country. » VIEW MORE TODAY'S ECONOMY
Commentary
New Zealand Outlook: COVID-19 Is a Ferocious Blow The economy is in the midst of a recession. Analyzing the U.S. Fiscal Response to COVID-19 Despite the historic size of the economic rescue so far, it is at best a Band-Aid on a gaping wound. Oil Goes Negative The American economy must reopen for oil prices to find a bottom. U.S. Weekly Highlights and Preview, April 20, 2020 Key data will be initial claims, existing- and new-home sales, and durable goods orders. » VIEW MORE COMMENTARY
Today's Economic Indicators
Thailand
Foreign Trade
Mar. 2020: US$1.6 bil
Thailand's trade surplus narrowed to US$1.59 billion in March, fueled by an unexpectedly strong 4.17% y/y growth in exports. United Kingdom
Unemployment
Feb. 2020: 4%
U.K. joblessness rose to 4% in the February quarter from 3.8% in the November stanza, worse than expectations. Canada
Retail Trade
Feb. 2020: 0.3%
Canadian retail trade recorded its fourth consecutive monthly gain in February, rising 0.3% to C$52.2 billion. United States
Philadelphia Fed Nonmanufacturing Survey
Apr. 2020: -83
Nonmanufacturing firms in the Third Federal Reserve District are being crushed by COVID-19. Peru
Consumer Price Index
Mar. 2020: 1.8%
Inflation in the Lima metropolitan area rose 1.8% in March on a year-ago basis, 0.1 percentage point less than the annual inflation rate in February. United States
Existing-Home Sales
Mar. 2020: 5.27 mil
Existing-home sales declined 8.5% in March, falling back to their lowest level since April 2019, but were still up 0.8% from their year-ago level. United States
Moody’s Analytics Policy Uncertainty Index
April 17: 182.2
The four-week moving average in our U.S. policy uncertainty index increased from 174.2 to 182.2 in the week ended April 17. Mexico
Monetary Policy
Apr. 2020: 6.0%
In a second unexpected move, the Central Bank of Mexico decided to cut the interest rate in April, as the financial and economic conditions have deteriorated for the country. » VIEW MORE ECONOMIC INDICATORS |
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