ECONOMY • Today
Coronavirus: More than a quarter of UK workers now furloughed
June 2, 2020
Some 8.7 million workers have been furloughed since April, government figures show.
Economic News
Australia GDP Data Due On Wednesday
June 2, 2020
Australia will on Wednesday release Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to fall 0.3 percent on quarter and rise 1.4 percent on year after adding 0.5 percent on quarter and 2.2 percent on year.
Hungary Trade Surplus Narrows; Producer Price Inflation Slows
June 2, 2020
Hungary's trade surplus narrowed more than initially estimated in March, final data from the Hungarian Central Statistical Office showed on Tuesday.
UK House Prices Drop At Fastest Pace Since 2009; Mortgage Approvals Plunge
June 2, 2020
UK house prices declined the most since 2009 as the impact of the coronavirus pandemic filtered through the property market in May, data from the Nationwide Building Society showed Tuesday. Elsewhere, data from the Bank of England showed that households repaid the highest amount of consumer credit on record in April and mortgage approvals plunged to a historic low as government restrictions to cu
Indonesia Inflation Slows In May
June 2, 2020
Indonesia's consumer price inflation slowed in May, data from the statistics bureau showed on Tuesday.
Dutch Manufacturing Sector Contraction Worst Since May 2009
June 2, 2020
The Dutch manufacturing sector contracted at the fastest rate in eleven years in May, amid the coronavirus, or Covid-19, pandemic, survey results from IHS Markit showed on Tuesday.
Economic Highlights
ECONOMY • Analysis
As Anger Erupts Across U.S., Law Enforcement Tries to Rein In Protests
Authorities in cities across the U.S. used tear gas, curfews and arrests in an attempt to contain violent protests sparked by the death of George Floyd. WSJ reporters in Minneapolis, Chicago and Los Angeles describe the worst civil unrest to erupt across the country in decades. Photo: Alex Wong/Getty Images
June 1, 2020
Authorities in cities across the U.S. used tear gas, curfews and arrests in an attempt to contain violent protests sparked by the death of George Floyd. WSJ reporters in Minneapolis, Chicago and Los Angeles describe the worst civil unrest to erupt across the country in decades. Photo: Alex Wong/Getty Images
Newsletter: A Lost Decade
June 2, 2020
Economic Analysis
Trump’s latest move on Hong Kong is bluster
June 1, 2020
If President Trump follows through on his threat to eliminate Hong Kong’s status as a special customs territory with the United States, separate from China, the economic impact on Hong Kong would be minimal and on China even less. Under the terms of the 1992 United States–Hong Kong Policy Act,...
Economic Research
Economic Review
Economic Views
Virtual Meeting: A Conversation With Senator Chris Murphy
May 21, 2020
Senator Chris Murphy discusses the latest on Congress and COVID-19, and the progressive foreign policy debate.
Virtual Meeting: COVID-19 Update--A Conversation With David Nabarro
May 19, 2020
Dr. David Nabarro discusses the current state of the COVID-19 pandemic around the globe, the role of the World Health Organization (WHO) in responding to the pandemic, and how the WHO advises member states to inform policymaking.
ECONOMY • Outlook
What history can tell us about how stock markets react to civil unrest
June 2, 2020
The last time demonstrations on this scale were seen in some areas was in 1968, following the assassination of Martin Luther King Jr.
The Gulf's sovereign wealth funds 'need to be deployed' amid coronavirus crisis, expert says
June 2, 2020
"Sovereign wealth funds have multiple objectives, but one of them is that they are rainy day funds, and this is a rainy day," Nomura's Tarek Fadlallah told CNBC.
Op-ed: The charts show global stocks could retest their March lows later this year
June 2, 2020
The late May bull breakouts now heightens the prospects for global stock averages to push back toward significant retracement.
Economic Perspectives
The Independence of the Central Bank at Risk
June 2, 2020
The ruling of the German Federal Constitutional Court (GFCC) of May 5 on the ECB’s monetary policy affects not only the relation of Germany to the European Central Bank (ECB) and the Court of Justice of the European Union (ECJ) but also the constitutional foundations of monetary policy.
Economic Climate
ifo Institute: Economic Experts Fear Tariff War Will Shrink World Trade
May 10, 2019
International economic experts fear that the tariff war between the US, China, and Europe will lead to a decline in world trade. This is the result of the World Economic Survey conducted by the ifo Institute among 1,130 economists worldwide. When asked to name the most significant consequence of the higher tariffs, the predominant answer was “less trade.”
Economic Outlook
How the Great Lockdown Saved Lives
June 2, 2020
By Pragyan Deb, Davide Furceri, Jonathan D. Ostry and Nour Tawk 中文, Español, Русский Since the COVID-19 outbreak was first reported in Wuhan, China in late December 2019, the disease has spread to more than 200 countries and territories. In the absence of a vaccine or effective treatment, governments worldwide have responded by implementing unprecedented containment [...]
World Economic Outlook Report
ECONOMY • Opinions
Poorer countries need long-term economic help
June 2, 2020
International support has staved off a financial crisis, but should go much further
Economic Comment
America’s Mis-Police State
June 2, 2020
What the Democrats Must Do
June 2, 2020
ECONOMY • Insights
Why are investors not pricing in climate-change risk?
June 2, 2020
Failing to account for it makes markets less efficient
Downturns tend to reduce gender inequality. Not under covid-19
June 2, 2020
Women’s unemployment has risen by more than men’s
Why are Britons reluctant to wear masks to contain covid-19?
June 1, 2020
Elsewhere in the world, the benefits are more widely understood
Can private-equity firms turn a crisis into an opportunity?
May 30, 2020
Their performance matters both for investors and the wider economy
How to spot dodgy academic journals
May 30, 2020
Missing back issues and speedy promised publication times are red flags
The pandemic could lead statisticians to change how they estimate GDP
May 30, 2020
Data gaps are rife, but statisticians may eventually understand better how the economy works
ECONOMY • Forecast
Supreme Court is Once Again Inspiring Civil War
June 2, 2020
QUESTION: Mr. Armstrong, I find it really amazing how you have forecast politics, markets, war, disease, and even said in 2014 race riots would return. I understand it is not you personally. What do you see from here with these riots even taking place in London? PH ANSWER: Civil Unrest has been taking place […]
Economic Projections
