| Today's Economy
Economic Roundup: State Reopenings Spark Uneven Rebounds Nevada, Hawaii and Michigan had the highest unemployment rates in the U.S. in May. Initial Takeaways From the Regional Employment Data Surprising May numbers for U.S. come into focus and show limitations of aggressive reopening decisions. Discretionary Spending in U.S. Bounces Back May retail sales gains were led by discretionary segments, but not apparel. Geopolitical Risk Calendar: U.S. Business Reopenings Nearly Complete Coronavirus cases are ticking up in more than a dozen states. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Weekly Highlights and Preview: June 19, 2020 COVID-19 pushed Argentina deeper into recession. The Long Slog to Recovery Our survey shows hard issues like childcare and concerns about COVID-19 could keep the U.S. labor market struggling for years. U.S. COVID-19 Tracker Update: 'V' for Some, Not Others The labor market remains troubled, suggesting the initial bounce in the economy will fade. Europe Weekly Highlights and Preview, 18 June, 2020 The European economies continued to recover after bottoming out in April, as COVID-19 lockdown measures were further lifted. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom
Retail Sales
May. 2020: 12%
U.K. retail sales surged by 12% m/m in May after a 18% fall in April, beating the consensus for a much smaller increase. Russian Federation
Monetary Policy
Jun. 2020: 4.5%
As expected, the Central Bank of Russia continued its rate cutting cycle in May, choosing to slash rates by 100 basis points to 4.5%. Russian Federation
Retail Sales
May. 2020: -19.2%
Russian retail recorded a positive surprise in May. Canada
New Housing Price Index
May. 2020: 1.1%
New-house prices rose sluggishly in May as COVID-19 continued to cause buyers and builders to be cautious. Canada
Retail Trade
Apr. 2020: -26.4%
Retail sales in Canada fell by 26.4% in April to C$34.7 billion, as a result of reduced economic activity during the height of the COVID-19 restrictions. United States
Current Account
2020Q1: -$104.2 bil
The current account deficit was nearly unchanged in the first quarter, narrowing by just $120 million to $104.2 billion. United States
Regional and State Employment
May. 2020:
State and regional employment numbers for May confirm the turn up in the labor market tied to the easing of virus containment and supportive policy. Russian Federation
Unemployment
May. 2020: 6.1%
COVID-19 continues to ravage Russia's labour market. » VIEW MORE ECONOMIC INDICATORS | 
