| Today's Economy
Capital Market View: M&A Activity Remains Hot M&A was cited frequently as the use of proceeds from bond issuance in Q2. LatAm Daily Briefing: Mexico's Long Road The economy ended the first quarter with a negative output gap of 6%. Europe Daily Briefing: Germany to Compensate Ukraine for Pipeline Although the Nord Stream 2 deal provides financial and political concessions, it is controversial. Asia-Pacific Daily Briefing: Bank Indonesia in the Thick of It GDP was downwardly revised as daily infections soar. » VIEW MORE TODAY'S ECONOMY
Commentary
Canada Risk Matrix Update: Optimism Rising for Second Half Stellar vaccination rates bolster the outlook for the months ahead. Regional Tourism in the Age of Covid: Bad and Worse The demise of international and business travel has hit some U.S. metro areas harder than others. U.S. Used-Vehicle Demand Decelerates Economic gravity has caught up to the market. U.S. COVID-19 Tracker Update: Delta Testing The steepest increases in cases are in states where vaccination rates are the lowest. » VIEW MORE COMMENTARY
Today's Economic Indicators
Indonesia
Monetary Policy
Jul. 2021: 3.50%
Bank Indonesia held its seven-day reverse repo rate constant at 3.5% during July's meeting. Euro Zone
Monetary Policy
Jul. 2021: 0%
The European Central Bank’s interest rates and asset-purchase programs remained unchanged at its July meeting. United States
Chicago Fed National Activity Index
Jun. 2021: 0.09
The Chicago Fed National Activity Index was 0.09 in June, down from a revised 0.26 a month earlier. United States
Jobless Claims
July 17: 419,000
U.S. initial claims for unemployment insurance are sending mixed signals. Netherlands
Unemployment
Jun. 2021: 3.2%
The unemployment rate in the Netherlands dropped again to 3.2% in June. United States
Existing-Home Sales
Jun. 2021: 5.86 mil, SAAR
Existing-home sales rose 1.4% in June to 5.86 million units annualized, fully reversing May’s losses and breaking the four-month losing streak registered since the start of the year. United States
St. Louis Fed Financial Stress Index
July 16: -0.98
Financial stress moved lower last week. United States
Conference Board Leading Indicators
Jun. 2021: 0.7%
The Conference Board Leading Economic Index rose 0.7% in June, a touch below consensus expectations of a 0.9% increase. United States
Natural Gas Storage Report
July 16: 49 bil cubic feet
The increase in gas stocks last week was a hair above analyst predictions, suggesting that this report should only slightly weigh on prices. United States
Kansas City Fed Manufacturing Survey
Jul. 2021: 30
Manufacturing activity in the Tenth District improved in July, with solid expectations for future activity. Russian Federation
Industrial Production
Jun. 2021: 10.4% y/y
The rebound in Russia's industrial production decelerated somewhat in June, showing a 10.4% yearly increase in factory output, softening from the previous month's 12.3% jump. » VIEW MORE ECONOMIC INDICATORS | 
