| Today's Economy
Economic Roundup: Plenty of Supports for U.S. Home Sales U.S. new-home sales edged higher in July. LatAm Daily Briefing: IMF SDR Allocation to Provide Relief The IMF boosts global liquidity with a Special Drawing Rights allocation. Capital Market View: Liquidity Concerns Are Misplaced, for Now Excess liquidity is going to begin to be worked off over the course of the next year. Europe Daily Briefing: Reprieve for U.K. Manufacturers The move away from EU safety and quality certification could be costly. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Credit Outlook: Mortgages Lead the Way Recent momentum in new- and used-vehicle prices has been a significant contributor to auto balance growth. Global Vaccine Tracker: Efficacy at Issue Israel, the first country to vaccinate a majority of its citizens, has seen a dizzying rise in cases of late. U.S. Chartbook: Evaluating State Approaches to UI July data show little evidence that labor markets in early-expiring states received a boost. U.S. Weekly Highlights and Preview, August 23, 2021 We explain what the Fed chairman will and won't say at Jackson Hole. » VIEW MORE COMMENTARY
Today's Economic Indicators
Peru
GDP
2021Q2: 41.9% y/y
The Peruvian economy pushed through the second quarter largely intact. Finland
Unemployment rate
Jul. 2021: 7.1% y/y
Finland’s not seasonally adjusted unemployment rate dropped again to 7.1% in July from 7.5% a year earlier. Germany
GDP
2021Q2: 1.6% q/q
Germany's real GDP grew by 1.6% q/q in the second quarter of 2021, with household consumption providing a significant boost as pandemic restrictions slackened. United States
Philadelphia Fed Nonmanufacturing Survey
Aug. 2021: 37.2
Nonmanufacturing activity in the Federal Reserve’s Third District cooled in August, though it remains elevated. United States
Richmond Fed Manufacturing Survey
Aug. 2021: 9
Manufacturing in the Richmond Federal Reserve District is increasing at a slower pace. United States
New-Home Sales
Jul. 2021: 708,000 SAAR
New-home sales in July broke a three-month spell of declines, but homebuilders are still contending with high construction costs and a burgeoning pipeline of single-family projects. United States
Moody’s Analytics Policy Uncertainty Index
August 20: 299.3
The four-week moving average in our U.S. Argentina
Retail Sales Index
Jun. 2021: 2,086.2% y/y
The index that tracks nominal sales at Buenos Aires’ largest shopping centers increased 2,086% y/y in June after rising 621% in the previous month. » VIEW MORE ECONOMIC INDICATORS | 
