| Today's Economy
Economic Roundup: What Gives? U.S. inflation and retail sales are in the midst of slump. Forecast for Canada's Q2 GDP on the Rise Expectations are building following strong jobs and housing data. Senate Health Care Bill: Version 2.0 The Cruz amendment allowing skimpier plans threatens U.S. insurance market stability. Q2 U.S. GDP Growth Takes a Small Hit Consumer spending is coming in lighter but still should be solid. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, July 14, 2017 We don’t believe Yellen is signaling that the tightening cycle is nearing an end. Europe Weekly Highlights and Preview, 14 July, 2017 The economy’s pickup means that core prices are starting to strengthen. U.S. Commodities Outlook: Oil's Brave New World For the first time, a flexible and adaptive market is determining oil prices. Latin America Economic Preview: 17-21 July Colombia's expected rate cut will be the seventh since December. » VIEW MORE COMMENTARY
Today's Economic Indicators
World
Moody's Analytics Global CPI
Jun. 2017: 0.2%
The recent weakening in inflation is generally a global phenomenon. India
Wholesale Price Index
Jun. 2017: 0.9%
Low food prices have caused wholesale inflation to decelerate sharply. Italy
Consumer Price Index
Jun. 2017: 1.2%
Italy’s annual EU-harmonized inflation slowed to 1.2% in June from 1.6% in the previous month. Italy
Foreign Trade
May. 2017: €4.3 billion
Italy’s merchandise trade surplus widened to €4.3 billion in May from €3.6 billion a month earlier, but narrowed from €5 billion in May 2016. Euro Zone
External Trade
May. 2017: €21.4 bil
The euro zone’s external trade surplus expanded in May to €21.4 billion, after it narrowed to €16.8 billion in April. Peru
Unemployment
Jun. 2017: 6.9%
The jobless rate in the Lima metropolitan area ticked up to 6.9% for the last three months ended in June, a sign of growing strain in Peru’s largest labor market. United States
Consumer Price Index
Jun. 2017: 0.0%
The Federal Reserve is likely on the right side of the bet that the recent weakness in inflation is transitory. United States
Retail Sales
Jun. 2017: -0.2%
Retail sales disappointed in June, held down by weakness in gasoline prices and a general lack of pricing power. United States
Industrial Production
Jun. 2017: 0.4%
Industrial production gained 0.4% in June, which is a touch stronger than both our forecast and the consensus. United States
Business Inventories (MTIS)
May. 2017: 0.3%
Stockpiles bounced back in May, but weak sales take part of the credit. United States
University of Michigan Consumer Sentiment Survey
Jul. 2017: 93.1
Consumer sentiment lost some ground in July's preliminary report, falling by 2 points to 93.1. United States
ECRI Weekly Leading Index
July 07: 143.9
The U.S. expansion will continue over the coming quarters, but gains will moderate as the expansion matures. Colombia
Industrial Production
May. 2017: -0.6%
Manufacturing output contracted 0.6% y/y in May, following a 6.8% y/y decline in the previous month. » VIEW MORE ECONOMIC INDICATORS | 
