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​ 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
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 People’s Bank of China (PBoC) cut the interest rate on its 1-year medium-term lending facility (MLF) to 2.95%
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PBoC Cut the Rate on 1-Year Medium-Term Lending Facility

the People’s Bank of China (PBoC) cut the interest rate on its 1-year medium-term lending facility (MLF) to 2.95%
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
The Brazilian Central Bank’s economic activity index climbed 0.35% m/m in February
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Brazil’s Economic Activity was on an Upward Path In February 2020

The Brazilian Central Bank’s economic activity index climbed 0.35% m/m in February
The IMF expects that the global economy will sharply contract in 2020
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The IMF Expects 3% Contraction of the Global Economy In 2020

The IMF expects that the global economy will sharply contract in 2020
China’s real GDP contracted sharply by 6.8% y/y in Q1 2020 for the first time on record
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Chinese Economy Contracted in Q1 2020 for the First Time on Record

Kan Mingfang - CEIC China Research Economist
In March 2020, China’s Consumer price index (CPI) grew by 4.3% y/y
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China: CPI vs PPI: March 2020

In March 2020, China’s Consumer price index (CPI) grew by 4.3% y/y
China's foreign exchange reserves plummeted by USD 46bn to USD 3.06tn
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March 2020: Largest Drop in China’s International Reserves since 2016

China's foreign exchange reserves plummeted by USD 46bn to USD 3.06tn
Malaysia’s both exports and imports grew at double-digit rates in February 2020
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Malaysia’s Exports and Imports Grow at Double-Digit Rates in February 2020

Malaysia’s both exports and imports grew at double-digit rates in February 2020
Consumer prices in Russia grew at a stronger pace for the first time in a year
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Consumer Inflation in Russia Accelerates for the First Time in a Year

Consumer prices in Russia grew at a stronger pace for the first time in a year