Today's Economy LatAm Daily Briefing: Inflation Puts Banxico in a Bind Mexico's economy is badly in need of stimulus, but odds of an additional interest rate cut are less than even. Economic Roundup: U.S. Labor Market Open for Business, but Challenges Remain U.S. job openings jumped in July to the highest level since February. Europe Daily Briefing: The Internal Market Bill Explained Our baseline is for a light-deal Brexit. Asia-Pacific Daily Briefing: South Korea's Labour Market Worries China's weak domestic demand could still disrupt an otherwise steady recovery. » 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
United States MBA Mortgage Applications Survey September 04: 2.9% Mortgage applications rose by 2.9% over the week of September 4, reversing the 2% drop the previous week. Mexico Consumer Price Index Aug. 2020: 4.05% Annual inflation in Mexico climbed higher in August as consumer prices continue to realign. Brazil Consumer Price Index Aug. 2020: 2.44% Annual inflation continued to increase gradually in August as activities continue to open. Canada Housing Starts Aug. 2020: 262 ths After rebounding from the pandemic-related shutdowns, the rate of housing starts slowed in August. United States Semiconductor Billings Jul. 2020: 1.9% Global semiconductor sales started the third quarter on a positive note, rising 1.9% from June. Canada Monetary Policy Sep. 2020: 0.25% The Bank of Canada maintained its monetary policy stance as the economy remains weak in the aftermath of the pandemic. United States Job Openings and Labor Turnover Survey Jul. 2020: 4.5% openings rate The number of job openings shot up in July as the labor market came back to life following shutdowns. United States Moody’s Analytics Policy Uncertainty Index September 04: Japan Machinery Orders Jul. 2020: » VIEW MORE ECONOMIC INDICATORS |