| Today's Economy
Capital Market View: Debt Ceiling Could Limit Rise in 10-Year This Month Treasury has to cut its cash balance at the Fed by $300 billion by the end of this month. LatAm Daily Briefing: Solving the Productivity Puzzle With Reggaeton The genre-blending music is experiencing global success. Europe Daily Briefing: Delta Variant Infections on the Rise Delta variant infections are rising in the U.K. and picking up on the Continent. China Cuts Reserve Ratio to Support Growth The move says much about challenges and risks facing the economy. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: Fed Doesn't Rock the Boat While there are signs the recovery has passed its peak growth period, the Fed is in no rush to begin tapering its monthly asset purchases. U.S. Weekly Highlights and Preview, July 12, 2021 Our GDP forecast for this year saw a small downward revision, the first in a while. ECB’s Strategy Review Alters Foundation, Not Direction The symmetric inflation target reflects current reality rather than a big shift in monetary policy. Global Outlook: Emerging Disparities Ongoing lockdowns are illustrative of the difficulties emerging from the pandemic and getting economies on a sustained recovery path. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia
Industrial Production
May. 2021: 26.0% y/y
Malaysia's industrial production increased by 26% y/y in May, mainly due to the low base effect from last year. Canada
RPS House Price Index
Jun. 2021:
Denmark
Consumer Price Index
Jun. 2021: 1.7%
Prices in Denmark edged upwards in June, with the rate of inflation remaining steady. Portugal
Consumer Price Index
Jun. 2021: 0.5%
Portuguese inflation softened in June, rising by just 0.5% y/y, down from 1.2% in May. Mexico
Industrial Production
May. 2021: 36.4% y/y
Mexico's national industry reported a strong annual rebound in May benefiting from the comparison base. India
Consumer Price Index
Jun. 2021: 6.3% y/y
India's consumer price index was up 6.3% y/y in June, matching May's result. India
Industrial Production
May. 2021: 29.3% y/y
Quick estimates of India's industrial production in May show a 29.3% y/y expansion, a mere fraction of the base effects-driven growth seen in April. Russian Federation
Foreign Trade
May. 2021: US$10.2 bil
Russia’s trade balance narrowed in May to US$10.2 billion from US$10.6 billion in April. World
Moody's Analytics Survey of Business Confidence
July 09: 15.7
Last week’s global business confidence survey results were the strongest they have been since late January 2020, prior to the pandemic. China
Foreign Trade
Jun. 2021:
Uruguay
Industrial Production
May. 2021: 22.9% y/y
Uruguay’s industrial production increased by 22.9% in yearly terms in May, after gaining 24.5% in April. » VIEW MORE ECONOMIC INDICATORS | 
