Today's Economy LatAm Daily Briefing: Pandemic May Have Reached Inflection Point Recent figures for new daily confirmed cases across the region allow for some optimism. Europe Daily Briefing: Lockdowns Decimate June Quarter GDP Germany's trade balance improved to near pre-pandemic levels. Asia-Pacific Daily Briefing: Japan Sinks Deeper Into Recession The second wave of infections threatens to keep Japan in the doldrums through the third quarter. Europe Daily Briefing: U.K. Springs a Brexit Surprise Johnson's announcement of an October 15 trade deal deadline throws a wrench into the works. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Chartbook: Can’t Find the Accelerator Employment data are improving, but the recovery is stalled amid COVID-19 infections. Victoria Extends Hard Lockdown The measures in the face of the pandemic have significant implications for Australia's economy. U.S. Weekly Highlights and Preview, September 8, 2020 We continue to expect employment to be down by about 10 million jobs from its pre-pandemic peak at year’s end. This Week in the COVID Crisis Fallout from the expiration of federal fiscal support will weigh more and more heavily on the economy. » VIEW MORE COMMENTARY
Today's Economic Indicators
Italy Retail Sales Jul. 2020: -2.2% Italy’s retail sales disappointed in July, shedding 2.2% m/m following sharp rebounds in May and June. Euro Zone GDP 2020Q2: -11.8% Final estimates showed that euro zone GDP plunged by 11.8% q/q in the second quarter after a 3.7% slump in the first. OECD Composite Leading Indicators Aug. 2020: 98.3 The August reading for the OECD composite leading indicator came in at 98.3 in amplitude-adjusted terms, compared with 98 in July. United States NFIB Small Business Survey Aug. 2020: 100.2 The NFIB Small Business Optimism Index increased 1.4 points in August to 100.2. Chile Consumer Price Index Aug. 2020: 2.4% Chile’s inflation remained below target in August as the economy advances slowly. World Moody's Analytics Survey of Business Confidence September 04: -15.6 Global businesses remain dour. United States Consumer Credit (G19) Jul. 2020: $12.2 bil Consumer credit expanded in July by $12.2 billion. United States Semiconductor Billings Jul. 2020: 1.9% Global semiconductor sales started the third quarter on a positive note, rising 1.9% from June. South Korea Employment Aug. 2020: China Consumer Price Index Aug. 2020: China Producer Price Index Aug. 2020: » VIEW MORE ECONOMIC INDICATORS |