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The People’s Bank of China (PBoC) cut the one-year and five-year loan prime rates (LPR) on April 20th
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China Cut the 1-year and the 5-year Loan Prime Rates

The People’s Bank of China (PBoC) cut the one-year and five-year loan prime rates (LPR) on April 20th
Brazil’s current account posted a USD 868bn surplus, compared to a deficit of USD 2.7bn in March 2019
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Brazil’s Current Account Posts Surplus for the First Time in 2020

Brazil’s current account posted a USD 868bn surplus, compared to a deficit of USD 2.7bn in March 2019
​ The weekly jobless claims in the US continue to slow down for a third consecutive week, although they are still on a historically high level. Over 4.4mn Americans have requested unemployment benefits in the week ending on April 18, bringing the total figure to 26mn since the outbreak of COVID-19 in the US. In the previous week, they amounted to 5.2mn. At the end of March, the weekly jobless claims skyrocketed to 6.9mn, which was the highest level since records began, but subsequently, they slowed down.
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US Weekly Jobless Claims Slow Down For a Third Consecutive Week

The weekly jobless claims in the US continue to slow down for a third consecutive week
The Composite PMI plunged to 13.5 compared to 31.4 in March 2020
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Economic Activity in the Euro Area Continues to Deteriorate

The Composite PMI plunged to 13.5 compared to 31.4 in March 2020
Brazil’s economic team, led by economy minister Paulo Guedes, stepped up the efforts to improve debt sustainability. What does the breakdown of the measures so far reveal?
Articles

Public Debt Reduction in Brazil - Chasing Sustainability

Brazil’s economic team, led by economy minister Paulo Guedes, stepped up the efforts to improve debt sustainability. What does the breakdown of the measures so far reveal?
China’s exports and imports remained on a downward path, dropping by 6.6% y/y and 0.9% y/y, respectively
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China’s Trade Remains on a Downward Path in March 2020

China’s exports and imports remained on a downward path, dropping by 6.6% y/y and 0.9% y/y, respectively
The Philippines narrowed its trade deficit substantially to USD 1.7bn in February 2020
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The Philippines Narrowed its Trade Deficit in February 2020

The Philippines narrowed its trade deficit substantially to USD 1.7bn in February 2020