| Today's Economy
Economic Roundup: Low Inventory Keeps Lifting Prices The dearth of homes for sale in the U.S. continues to push prices up. Canada Weekly: (Don't Fear) the Repo Does building pressure in Canada's repo markets indicate broader liquidity stress? Europe Daily Briefing: British Consumers Perk Up The euro zone flash manufacturing PMI took an unexpected step back. Geopolitical Risk Calendar: Middle East Tensions Rise Hezbollah, a terrorist group in Lebanon, is increasing threats against Israel. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, June 21, 2024 Two key measures of consumer confidence, from the Conference Board and the University of Michigan, will be released next week. Latin America Weekly Highlights and Preview, June 21, 2024 Brazil maintains its policy rate while Chile cuts. Non-Compete Agreements: Q & A A U.S. ban on NCAs will not make a big splash but is good news for wage growth. U.S. Household Debt Tracker: Baby Steps Total dollar delinquencies are the highest since April 2020 but remain well below the five-year average leading up to the pandemic. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom
Retail Sales
May. 2024: 2.9% m/m
U.K. retail sales surged by 2.9% month over month in May and fully erased April’s 1.8% fall, beating our expectations of a slightly softer correction following poor weather in April. Hong Kong SAR (China)
Consumer Price Index
May. 2024: 1.2% y/y
Hong Kong's headline composite consumer price index rose 1.2% year over year in May, marginally up from the 1.1% reading in April. Mexico
Economic Activity Index
Apr. 2024: 5.4% y/y
Mexico’s economic activity rebounded in April as the annual rate was benefited by the favorable comparison base generated by the timing of Easter week. Canada
Industrial Product and Raw Materials Price Indexes
May. 2024: 0.0% m/m
Canada's Industrial Product Price Index moved sideways in May. Canada
Retail Trade
Apr. 2024: 0.7% m/m
Retail sales increased 0.7% to C$66.8 billion in April after slipping 0.3% in March. United States
Existing-Home Sales
May. 2024: 4.11 mil, SAAR
Existing-home sales fell again in May, sliding 0.7% to a seasonally adjusted annual rate of 4.11 million, just north of consensus expectations for 4.1 million sales. United States
Conference Board Leading Indicators
May. 2024: -0.5%
The Conference Board Leading Economic Index declined again in May. United States
Natural Gas Storage Report
June 14: 71 bil cubic feet
Last week’s build in natural gas storage closely matched analyst predictions, so this report will have little impact on prices. » VIEW MORE ECONOMIC INDICATORS | 
