Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Friday, July 10, 2020

Today's Economy


Economic Roundup: Phase One and Done

The U.S. and China are unlikely to make progress on a Phase Two trade deal any time soon.

Geopolitical Risk Calendar: U.S.Outlook Deteriorates as COVID-19 Surges

The rapid reopenings have reignited the virus.

Canada Weekly: How Long Can Housing Hold Up?

A dive into the details reveals signs of a more substantial and persistent slowdown in the housing market.

Europe Daily Briefing: French and Italian Manufacturing Rally

With the reopening of factories in May, industrial output began its long recovery.

» VIEW MORE TODAY'S ECONOMY



Commentary


Latin America Weekly Highlights and Preview, July 10, 2020

The Central Bank of Chile will continue to keep monetary conditions on hold as inflation remains subdued and the economy contracts.

Asia-Pacific Weekly Highlights and Preview: 10 July, 2020

China's June quarter GDP likely improved.

Europe Weekly Highlights and Preview, 10 July, 2020

We expect that CPI inflation in the euro zone sped up to 0.3% year over year in June, from 0.1% in May.

Global Outlook: Labor Markets on the Edge

Even where we can see glimpses of recovery, unemployment will continue to rise through the rest of the year.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Canada
RPS House Price Index
Jun. 2020: 6.2%

France
Industrial Production
May. 2020: 19.6%
French headline industrial production increased by 19.6% m/m in May, partly recouping the 20.6% decline in April.

Italy
Industrial Production
May. 2020: 42.1%
Preliminary estimates show that Italy's industrial production rebounded by 42.1% m/m in May, following record drops in March and April, though it was down 20.3% y/y in calendar-adjusted terms.

Brazil
Consumer Price Index
Jun. 2020: 2.13%
Annual inflation in Brazil remained subdued and well below the central target in June as the economy remains depressed, although prices started to increase moderately.

India
Industrial Production
May. 2020: -34.7%
India’s industrial production declined by 34.7% y/y in May, a marked improvement from the 55.5% plunge (before revision) in April but worse than March’s 16.7% drop.

Canada
Labor Force Survey
Jun. 2020: 12.3%
As businesses and workplaces across Canada reopened, the Canadian labor market saw a tremendous rebound.

United States
Producer Price Index
Jun. 2020: -0.2%
The U.S. producer price index contracted 0.2% in June, marking the headline indicator’s fourth decrease in the last five months.

Mexico
Industrial Production
May. 2020: -30.7%
Mexico's industry continued to undergo a severe contraction in May as the economic paralysis extended.

Peru
Monetary Policy
Jul. 2020: 0.25%
The rate-setting committee of Peru's central bank kept the policy rate on hold while upping its guidance, stating that monetary policy will remain in expansive territory until the economy recovers.

Russian Federation
Foreign Trade
May. 2020: US$3.7 bil
Russian trade continued its free fall in May.

United States
California Manufacturing Survey
2020Q3: 57.3
The California Purchasing Managers' Composite Index rallied to start the third quarter, indicating expectations for an improvement in overall manufacturing activity following the body blow dealt by the COVID-19 pandemic.

» VIEW MORE ECONOMIC INDICATORS

NOT A SUBSCRIBER?

Enjoy real-time coverage of the world's economies.

» Tour Economy.com

FREE 14-DAY TRIAL

SURVEY OF BUSINESS CONFIDENCE


Be A Part Of The Results

Help shape the outcome of the Survey of Business Confidence and gain exclusive insight to shifts in global business confidence.

» Learn More

TAKE THE SURVEY

Contact Us

Visit us online, email [email protected], or use one of the numbers below:


Americas
+1.866.275.3266


Europe
+44.20.7772.5454


Asia/Pacific
+852.3551.3077


All Others
+1.610.235.5299



For information on how Moody's Analytics processes and protects personal data, please see the Privacy Policy available at www.moodys.com.

You are receiving this email as a subscriber to Economy.com.
If you wish to unsubscribe from the Economic Roundup, please click here.


This email was sent by Moody's Analytics
121 North Walnut Street, Suite 500s
United States

-----------------------------------------
Moody's monitors email communications through its networks for regulatory compliance purposes and to protect its customers, employees and business and where allowed to do so by applicable law. The information contained in this e-mail message, and any attachment thereto, is confidential and may not be disclosed without our express permission. If you are not the intended recipient or an employee or agent responsible for delivering this message to the intended recipient, you are hereby notified that you have received this message in error and that any review, dissemination, distribution or copying of this message, or any attachment thereto, in whole or in part, is strictly prohibited. If you have received this message in error, please immediately notify us by telephone, fax or e-mail and delete the message and all of its attachments. Every effort is made to keep our network free from viruses. You should, however, review this e-mail message, as well as any attachment thereto, for viruses. We take no responsibility and have no liability for any computer virus which may be transferred via this e-mail message.
-----------------------------------------

g:908B5485A5FD4DEC96A1D1881CDF95D7 d:5F34C370487243E099820EADECEEA289