Today's Economy Economic Roundup: U.S. House Prices Undeterred by COVID-19 The housing market has barely missed a beat amid robust demand and tightening supply. Europe Daily Briefing: Euro's Upward Climb Continues There are two main reasons for the dollar's weakening against the euro. LatAm Daily Briefing: Argentina's Deal With Bondholders The agreement will save the country $30 billion over two decades. 29% Surge by S&P 500 EPS Predicted for 2021 Lumber futures point toward increased homebuilding. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Rising Infections Limit Rebound The economy contracted in the second quarter, but there were signs of a life. U.S. Weekly Highlights and Preview, August 3, 2020 The pause and rolling back of state reopenings should hurt nonmanufacturing more than manufacturing. U.S. COVID-19 Tracker Update: Economy Sputters Risks loom for consumer spending and the labor market. This Week in the COVID Crisis Lower- and middle-income households will suffer the most if lawmakers fail to come through. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States CoreLogic Home Price Index Jun. 2020: 4.9% The CoreLogic Home Price Index rose 1% in June from the previous month and advanced 4.9% year over year. Australia Monetary Policy Aug. 2020: 0.25% The Reserve Bank of Australia kept its monetary settings unchanged in its August meeting, as the cash rate and the three-year bond yield target were kept steady at 0.25%. Brazil Industrial Production Jun. 2020: -12.2% The national industry reported another annual contraction in June, although with a monthly rebound. United States Moody's Analytics Used Vehicle Price Indexes Jul. 2020: 16.7% Demand for wholesale used vehicles was robust last month. United States ISM - NY Report Jul. 2020: 53.5 New York City’s economy is finally moving in the right direction again, according to the ISM-New York Report on Business. United States Factory Orders (M3) Jun. 2020: 6.2% Manufacturing’s recovery continued into June as U.S. factory orders increased by 6.2%, following May’s 7.7% increase (revised down from 8%) from April. Indonesia GDP 2020Q2: United States Semiconductor Billings Jun. 2020: -1.2% Global semiconductor sales ended the second quarter on a lower note, declining 1.2% from May. » VIEW MORE ECONOMIC INDICATORS |