| Today's Economy
Economic Roundup: Some Days It Don’t Come Easy Investor sentiment needs a boost, but it won't come from the Fed. Canada Weekly: Cost Pressures The Bank of Canada may raise rates sooner than previously anticipated given mounting cost pressures. Capital Market View: Omicron and Prior COVID-19 Waves Aside from the first wave, the effects on financial markets of subsequent waves have been small. Geopolitical Risk Calendar: Fed Policy Error Odds Increasing Indonesia eases its coal exports ban as Malaysia adds to the international pressure. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. COVID-19 Tracker Update: Is a Wave Cresting? As Omicron cases begin to subside, the economic recovery and the U.S. Back-to-Normal Index will pick up steam. Latin America Weekly Highlights and Preview, January 21, 2022 Despite the fading of pandemic waves, most signs point to lingering weakness in the region. U.S. B2B Tracker Update: Putting 2021 in the Books With firms' balance sheets in good shape, the outlook for business-to-business spending is favorable. Asia Capital Market View: The Weight on Bonds Inflation, Fed moves, and the Omicron threat to economic recovery hang over the markets. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom
Retail Sales
Dec. 2021: -3.7% m/m
U.K. retail sales fell by a whopping 3.7% m/m in December, coming in below market consensus of a 0.6% drop and down from November's downwardly revised 1% growth. Canada
New Housing Price Index
Dec. 2021: 11.6% y/y
The new-house price index was up 11.6% from a year earlier in December. Canada
Retail Trade
Nov. 2021: 0.7% m/m
Though retail sales continued to grow through November, the increase was more tepid than expected. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
January 19: 91.2
The Moody’s Analytics & CNN Business Back-to-Normal Index ticked up a full point this week from a revised 90.2 to 91.2. United States
Conference Board Leading Indicators
Dec. 2021: 0.8%
The Conference Board Leading Economic Index grew 0.8% in the final month of 2021, in line with expectations. » VIEW MORE ECONOMIC INDICATORS | 
