Today's Economy Economic Roundup: Pandemic Takes a Dangerous Turn in the U.S. As case counts reach new record highs on a near-daily basis, cracks emerge in the economic recovery. Geopolitical Risk Calendar: Pandemic Enters Dangerous New Phase in U.S. The "dark winter" experts warned of is about to take a major toll on regions' tenuous recoveries. Canada Weekly: A Regional Real Estate Recovery Not all provinces and metro areas have been quite so bulletproof. Fed Stripped of Tools Some emergency credit facilities will not be extended. » VIEW MORE TODAY'S ECONOMY
Commentary Europe Weekly Highlights and Preview, 20 November, 2020 Real output likely exceeded our expectations for Germany and France. Latin America Weekly Highlights and Preview, November 20, 2020 Mexico's economy continues to benefit from U.S. demand. Asia-Pacific Weekly Highlights and Preview: 20 November, 2020 The Bank of Korea will likely keep its policy rate on hold at 0.5%. U.K. Outlook: Double Dip on the Way The rapid return of the pandemic pushed us to revise down our near-term outlook. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom Retail Sales Oct. 2020: 1.20% U.K. retail sales rose 1.2% m/m in October after a downwardly revised 1.4% increase in September, marking the sixth consecutive month of gains and bringing sales 6.7% above their February levels. Canada New Housing Price Index Oct. 2020: 3.9% The pandemic property boom marches on. Canada Retail Trade Sep. 2020: 1.1% Canadian retail sales recorded their fifth straight gain in September. United States Regional and State Employment Oct. 2020: The state and regional labor market results for October showed that job growth early in the fourth quarter was solid heading into a period of slower GDP growth. United States Moody’s Analytics & CNN Business Back-to-Normal Index November 18: 81.6 This week, the Moody’s Analytics & CNN Business Back-to-Normal Index dropped from a revised 82.1 to 81.6. Russian Federation Retail Sales Oct. 2020: -2.4% Russian retail resumed its recovery in October. Russian Federation Unemployment Oct. 2020: 6.3% Russia's labor market is still grappling with COVID-19, but October's data are showing signs of improvement. » VIEW MORE ECONOMIC INDICATORS |