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.

Wednesday, October 21, 2020

Today's Economy


Economic Roundup: What a Contested Election Could Mean

Uncertainty would spike, confidence would drop, and the economy would suffer.

LatAm Daily Briefing: Bolivia's Elections Deliver a Decisive Win

Luis Arce's sweep harkens a return to nationalist policies championed by ex-President Evo Morales.

Europe Daily Briefing: U.K. Inflation Picks Up in September

Core inflation spiked during the month, but it doesn't mean a turnaround in the U.K.'s recovery.

Asia-Pacific Daily Briefing: South Korea's Exports on the Mend

The rising infections curve could derail further gains.

» VIEW MORE TODAY'S ECONOMY



Commentary


More Infections, Weaker Economy

Higher U.S. COVID-19 infections are statistically linked with weaker labor market outcomes.

Tight U.S. Labor Markets Lifted All Consumers

Groups which historically struggle did particularly well between 2016 and 2019.

Euro Zone Risk Matrix Update: The Second Wave

A surge in COVID infections will prompt new but lighter lockdown measures.

Global Outlook: Politics and Policy at the Forefront

Recovery will be determined by how effective governments are at managing the crisis.

» VIEW MORE COMMENTARY



Today's Economic Indicators


United Kingdom
Consumer Price Index
Sep. 2020: 0.5%
U.K.

United States
MBA Mortgage Applications Survey
October 16: -0.6%
Mortgage applications slid by 0.6% over the week of October 16, adding to the 0.7% decrease the previous week.

Canada
Consumer Price Index
Sep. 2020: 0.5%
Consumer price inflation accelerated slightly in September, but price pressures remain weak.

Canada
New Housing Price Index
Sep. 2020: 3.2%
Canada's real estate market is defying gravity as low interest rates for mortgages, changing buyer preferences, and higher building material costs have helped lead to another month of house price appreciation.

Canada
Retail Trade
Aug. 2020: 0.4%
Canadian retail sales have settled at a sustainable pace.

Russian Federation
Retail Sales
Sep. 2020: -3.0%
Russian retail moved in the wrong direction in September.

United States
Oil Inventories
October 16: 488.1 mil barrels
A slightly smaller than expected drop in oil inventories will put minimal downward pressure on oil prices.

United States
Beige Book
Oct. 2020:
The Federal Reserve’s October Beige Book indicates that the economy recovered further between late August and early October, though the pace of growth appeared to slow.

China
Industrial Production
Sep. 2020:
The recovery of China’s industrial production accelerated in September, posting a new high of 6.9% y/y following a 5.6% rise in August, far exceeding market expectations.

» VIEW MORE ECONOMIC INDICATORS

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