| Friday, February 19, 2021 |
| Today's Economy
Economic Roundup: Frenzied Buying Signals U.S. Housing Market's Too Hot Existing homes were on the market for 21 days in January, compared with 43 days in January 2020. Canada Weekly: A Shaky Start to 2021 The recovery has been unsteady, and the weakness will likely spill into the first quarter. Geopolitical Risk Calendar: Signs of New Life in U.S. Economy Markets welcome Italy's new Prime Minister Draghi. COVID-19 Policy Tracker: American Recovery Plan On Its Way Singapore's 2021 budget remains expansionary with a SGD11 billion deficit. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Weekly Highlights and Preview, February 19, 2021 Economic advances in Chile and Brazil are a cut above the rest of the region. Europe Weekly Highlights and Preview, 19 February, 2021 Given the perceived sluggishness of vaccination rollouts, we expect business and consumer confidence will have slumped this month. Asia-Pacific Weekly Highlights and Preview: 19 February, 2021 Domestic spending likely gave a boost to fourth-quarter India GDP. Breakaway U.S. Inflation Isn't in the Cards Inflation will enjoy a pop in early 2021, but the bigger question is its trajectory after that. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom
Retail Sales
Jan. 2021: -8.15% m/m
U.K. retail sales took a nosedive at the start of the year, falling by 8.2% m/m after increasing by 0.3% m/m in December. France
Consumer Price Index
Jan. 2021: 0.6%
France’s consumer price index inched upwards in January, printing at 0.6% y/y and 0.2% m/m, the highest reading since July 2020 and in line with market expectations. Italy
Consumer Price Index
Jan. 2021: 0.4%
After eight consecutive months of decline, Italy's headline CPI ticked up by 0.4% y/y in January, beating preliminary estimates of a 0.2% increase. Canada
Retail Trade
Dec. 2020: -3.4%
Retail closed the year on a sour note. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
February 17: 82.3
The Moody’s Analytics & CNN Business Back-to-Normal Index rose to 82.3 this week. United States
Existing-Home Sales
Jan. 2021: 6.69 mil, SAAR
Existing-home sales increased 0.6% in January to 6.69 million units annualized, clocking in just below their decade high reached in October. United States
Internet Sales (E-Commerce Sales)
2020Q4: $206.7 bil
Internet sales in the fourth quarter of 2020 fell by 1.2% from the previous quarter but remained 32.1% higher than the same quarter in 2019. United States
Quarterly Services Survey
2020Q4:
There are parts of the U.S. economy doing better than others, and services are among those struggling. » VIEW MORE ECONOMIC INDICATORS |
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