| Today's Economy
Economic Roundup: Good, Not Great U.S. employment picked up, but below our forecast. Capital Market View: Progress? Yes; Substantial? No May employment is inconclusive for the Fed and that pushes 10-year Treasury yield lower. Geopolitical Risk Calendar: LatAm Elections Could Reshape Landscape Voters in Peru and Mexico will head to the polls on Sunday. Europe Daily Briefing: Builders Face Rising Costs PMIs report rising costs for builders. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Weekly Highlights and Preview, June 4, 2021 The Central Bank of Chile will likely hold its key interest rate at 0.5%, keeping monetary conditions in ultra-expansionary territory. Macro Roundup: Malaysia’s Lockdown Brings Economic Hit Mobility data show the economy is the quietest it has been throughout the pandemic. Europe Weekly Highlights and Preview, 4 June, 2021 Keep an eye out for the U.K.’s April GDP forecast; we are writing in a 2.5% m/m increase. Asia-Pacific Weekly Highlights and Preview: 4 June, 2021 COVID-19 restrictions are still weighing on Japan's economy. » VIEW MORE COMMENTARY
Today's Economic Indicators
India
Monetary Policy
Jun. 2021: 4%
The Reserve Bank of India kept its benchmark repo rate unchanged at 4% in its June announcement, as expected. Austria
Retail Sales
Apr. 2021: 20.8%
Retail sales in Austria have begun to ease after a two-month surge following the reopening of shops. Taiwan (China)
GDP
2021Q1: 8.9% y/y
T Euro Zone
Retail Sales
Apr. 2021: -3.1%
Retail sales excluding motor vehicles dropped by 3.1% m/m in April after an upwardly revised gain of 3.3% in March. Ireland
GDP
2021Q1: 7.8%
Ireland’s real GDP jumped by 7.8% q/q in the first quarter of 2021 following the 4.4% contraction in the previous quarter. Canada
Labor Force Survey
May. 2021: 8.2%
The economy lost more jobs in May, but the setback is likely to be the last as the latest wave of COVID-19 diminishes. United States
Employment Situation
May. 2021: 559,000 m/m, ths
Job gains rebounded somewhat in May as COVID-19 restrictions loosened while employers struggled to fill openings. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
June 02: 90.9
The Moody’s Analytics & CNN Business Back-to-Normal Index took a breather this week. United States
Factory Orders (M3)
Apr. 2021: -0.6% m/m
Factory orders slipped 0.6% in April, a steeper contraction than expected. Canada
Purchasing Managers' Index
May. 2021: 64.7
The Ivey Purchasing Managers' Index provided another signal that Canada is beginning to turn a corner after stumbling during the spring surge of COVID-19. Russian Federation
Consumer Price Index
May. 2021:
United States
Moody's Analytics Inflation Expectations Pulse
May 28: 2.25%
Inflation expectations crept higher in the week ended May 30, according to the Moody's Analytics Inflation Expectations Pulse. » VIEW MORE ECONOMIC INDICATORS | 
