| Today's Economy
Economic Roundup: Global Business Sentiment Weathers Delta Surge Business confidence holding up significantly better than consumer sentiment. LatAm Daily Briefing: South America Gets Pandemic Relief An increase in vaccinations plus some natural immunity have caused the new cases to plunge. Capital Market View: Back-to-School Shopping for Corporate Bonds The September rush to issue is underway. Inside Economics Podcast: Episode 22—Hospitality Jobs and Hurricanes Ida will be costly, but the extent of the storm's impact on the U.S. economy hinges on gasoline prices. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, September 7, 2021 The Fed's bet that inflation is transitory is correct, and price pressures will moderate later this year. Taiwan Risk Matrix: Regional Risks Taiwan's important export engine is under threat. Forecaster’s Mailbag: Managing Pandemic Fatigue and Heightened Uncertainty Policymakers have more than the pandemic to worry about. Asia-Pacific Weekly Highlights and Preview, September 3, 2021 Latest COVID-19 outbreak in Australia will likely keep the RBA's policy steady. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States
CoreLogic Home Price Index
Jul. 2021: 18% y/y
The CoreLogic Home Price Index increased 18% year over year in July, accelerating from the 17.2% pace before revisions in June and registering its quickest rate of growth ever recorded. Australia
Monetary Policy
Sep. 2021: 0.1%
The Reserve Bank of Australia forged ahead with reducing its asset purchase program in September. Switzerland
Unemployment rate
Aug. 2021: 2.9%
Switzerland’s seasonally adjusted unemployment rate declined to 2.9% in August, a 0.1-percentage point fall from the previous month. Denmark
Industrial Production
Jul. 2021: 3.2% m/m
Industrial production is further painting the picture that Denmark's economy has turned the corner. Norway
Industrial Production
Jul. 2021: 0.0% m/m
Industrial production in Norway was unchanged in July after a 1% increase in June. Euro Zone
GDP
2021Q2: 2.2% q/q
Euro zone GDP increased by 2.2% q/q in the second quarter, recovering from a 0.3% decline in the first. Germany
Industrial Production
Jul. 2021: 1.0% m/m
Industrial production bounced back in July, breaking a streak of three consecutive declines. Chile
Foreign Trade
Aug. 2021: US$5.6 mil
Chile's trade accounts flirted with deficit in August as a surge in imports of consumer and intermediate goods pushed the overall import bill to a near record high. United States
Moody's Analytics Used Vehicle Price Indexes
Aug. 2021: 25.7 %
Demand for used vehicles slightly slowed last month. Netherlands
Consumer Price Index
Aug. 2021: 2.4% y/y
Inflation in the Netherlands saw a huge upswing in August, jumping to 2.4% from 1.4% in July. World
Moody's Analytics Survey of Business Confidence
September 03: 21.3
Global businesses seem to be taking the rising infections caused by the fast spreading Delta variant of the virus in stride. Argentina
Industrial Production - Advance
Jul. 2021: 13.0% y/y
Industrial output increased 13% y/y in July not seasonally adjusted, after 19.4% in the previous month. Japan
GDP
2021Q2:
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