Today's Economy LatAm Daily Briefing: Mexico's Stop and Go Hopes for a rapid recovery may be overly optimistic. CBDC: What the Heck Is This? A central bank digital currency would overhaul the traditional payments system as we know it. India Reopens Its Economy The tide is starting to turn, but regaining the economic status quo will be a challenge. Europe Daily Briefing: Europe's Stimulus Is Working for Now More would be needed if a second wave of infections arises. » VIEW MORE TODAY'S ECONOMY
Commentary FHFA’s Capital Rule Is a Step Backward The proposal would ultimately take the GSEs and the housing finance system in the wrong direction. Loss of Production Capacity Caused by COVID-19: World and Regions We estimate the loss and derive the requirements to recover the capacity. Q&A: Who Will Be the Next President? We answer questions submitted in response to our recent webinar. If All the Pieces Fit: APAC Recovery Begins The outlook for the Asia-Pacific region is the strongest compared with other global regions. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States MBA Mortgage Applications Survey July 17: 4.1% Mortgage applications rose by 4.1% over the week of July 17, after a 5.1% increase in the previous week. Canada Consumer Price Index Jun. 2020: 0.7% The Consumer Price Index rebounded out of deflationary territory in June as shelter, food and gasoline prices pushed higher. United States FHFA Purchase-Only House Price Index May. 2020: 4.9% The FHFA Purchase-Only Home Price Index increased 4.9% on a year-ago basis but fell 0.3% on a monthly basis in May. Mexico Retail & Wholesale Sales May. 2020: -23.7% Sales in retail stores continued to suffer in May as the confinement extended and the paralysis prolonged. United States Existing-Home Sales Jun. 2020: 4.72 mil Existing-home sales spiked 20.7% in June, sharply rebounding from heavy losses in both May and April, and settled near their highest level since March. United States Oil Inventories July 17: 536.6 mil barrels An unexpected jump in crude oil inventories will hurt oil prices. United States Moody’s Analytics Policy Uncertainty Index July 17: 222.1 The four-week moving average in our U.S. policy uncertainty index came in at 222.1 in the week ended July 17, up slightly from the prior week. Argentina Economic Activity Indicator May. 2020: -20.64% Argentina's statistics office’s monthly economic activity index, IMAE, dropped 20.6% y/y in May, after dropping 26.3% in the previous month. South Korea GDP 2020Q2: China Industrial Production Jun. 2020: » VIEW MORE ECONOMIC INDICATORS |