Today's Economy LatAm Daily Briefing: Beyond the Quarantine Expect the economic pain to stretch well into the third quarter. U.K. Risk Matrix Update: The Climbing Numbers The country could easily end up as the European nation with the highest number of total cases. Europe Daily Briefing: Soft Data as Somber as They Come Sentiment declined across all sectors in all major euro zone economies. EU Risk Matrix Update: What's Next? The possibilities of deflation and a second wave of virus loom as lockdowns are lifted. » VIEW MORE TODAY'S ECONOMY
Commentary Hong Kong Outlook: The Worst Is Yet to Come The impacts of COVID-19 have hit the economy especially hard. The Implications of Aussie Consumers Retreating Household consumption, the backbone of the Australian economy, has pulled back. The Next Recovery: A Regional Perspective An educated U.S. workforce and low population density may be the recipe for success. Latest PPP Funding Will Fall Short U.S. businesses have a second chance at the forgivable loans, but is there enough to go around? » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain Retail Sales Mar. 2020: -15.3% Retail sales plunged a whopping 15.3% in seasonally adjusted terms in March. Euro Zone Business and Consumer Sentiment Apr. 2020: 67.0 The euro zone's business and consumer sentiment saw by far its most dramatic decline in the history of the series, falling 27.2 points to 67 and dwarfing last month’s record plummet of 8.4 points. United States MBA Mortgage Applications Survey April 24: -3.3% Mortgage applications decreased by 3.3% over the week of April 24, after falling by 0.3% in the previous week. United States GDP 2020Q1: -4.8% U.S. 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 Business Employment Dynamics 2019Q3: 7.3 mil A comprehensive read of third-quarter 2019 data shows that the labor market slowed in the second half of 2019. United States Pending Home Sales Mar. 2020: 88.2 The NAR pending home sales index plummeted 20.8% to 88.2 in March, giving back all of its gains made since early 2011, as the pandemic kept many homebuyers away from open houses. United States Oil Inventories April 24: 527.6 mil barrels Last week’s crude oil inventory build fell short of analyst predictions, but this report is unlikely to boost oil prices as market players focus on low global oil demand. United States FOMC Monetary Policy Apr. 2020: 0% to 0.25% The key takeaway from the Federal Open Market Committee’s post-meeting statement is that policymakers believe COVID-19 now poses significant risk to the economic outlook over the medium term. Japan Industrial Production Mar. 2020: Japan Retail Sales Mar. 2020: China Manufacturing PMI Apr. 2020: » VIEW MORE ECONOMIC INDICATORS |