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 24, 2020

Today's Economy


Economic Roundup: New-Home Market Recovers in June

U.S. new-home sales bounced back to prepandemic levels.

Secured Credit Accommodations in U.S. Are Rising

A relationship exists between credit accommodation uptake, labor market stress at the state level.

Canada Weekly: Inflation Makes a Comeback

Higher supply chain and production costs will continue to push upward on inflation.

Europe Daily Briefing: A Good Friday

Although the data point to a V-shape recovery, the underlying momentum isn’t so strong.

» VIEW MORE TODAY'S ECONOMY



Commentary


Europe Weekly Highlights and Preview, 24 July, 2020

Euro zone GDP for the second quarter will be abhorrent.

Latin America Weekly Highlights and Preview: July 24, 2020

COVID-19 is worsening unemployment in Brazil and Chile.

Asia-Pacific Weekly Highlights and Preview: 24 July, 2020

Deep contraction expected for Hong Kong's Q2 GDP.

Roles Start to Reverse for Regional U.S. Economies

The Northeast has hit its bottom, but other regions have begun to backtrack.

» VIEW MORE COMMENTARY



Today's Economic Indicators


United Kingdom
Retail Sales
Jun. 2020: 13.9%
U.K. retail sales surged by an above-consensus 13.9% m/m in June and built on a 12.3% jump in May, which meant that sales are now reading only a meagre 0.6% below their February levels.

Russian Federation
Monetary Policy
Jul. 2020: 4.25%
The Central Bank of Russia pushed forward with its rate cutting cycle in July, choosing to slash rates by 25 basis points to 4.25%.

Mexico
Economic Activity Index
May. 2020: -22.7%
Economic activity in Mexico reported a severe annual contraction in May.

United States
New-Home Sales
Jun. 2020: 776,000
The new-home market extended its rally in June, returning to precrisis levels.

» VIEW MORE ECONOMIC INDICATORS

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