| Today's Economy
Economic Roundup: Some Good News in U.S. Initial Claims A drop in new filings points toward a pickup in job growth in May. Capital Market View: U.S. Data Surprise, Nudging 10-Year Lower Even with inflation coming in hot, the 10-year has been able to break higher. China's Vaccine Rollout Gathers Steam After a slow start, the country is set to exceed its inoculation target. LatAm Daily Briefing: Leaders and Laggards in Recovery The size of the fiscal support is directly correlated with the strength of the economy to overcome the crisis. » VIEW MORE TODAY'S ECONOMY
Commentary
Middle East and North Africa Outlook: Slow Recovery for Oil Exporters Those sectors that suffered the most in 2020 will grow the most in 2021. State Population Growth Converging, and Slowing The diminishing spread between leaders and laggards could put struggling states at less of a relative disadvantage. Germany Needs to Speed Up Its Digital Drive A slow digital transformation poses structural challenges to the country's industries. U.S. COVID-19 Tracker Update: Data Disappoint Even the red-hot housing market has softened. » VIEW MORE COMMENTARY
Today's Economic Indicators
Indonesia
Foreign Trade
Apr. 2021: US$2.19 bil
Indonesia's foreign trade beat expectation in April, as the trade surplus widened to $2.19 billion. Netherlands
Unemployment
Apr. 2021: 3.4%
The unemployment rate in the Netherlands dropped slightly to 3.4% in April. United States
Jobless Claims
May 15: 444,000
U.S. initial claims for unemployment insurance continue to head in the right direction. Canada
ADP Canada National Employment Report
Apr. 2021: 351,258
ADP Canada’s National Employment Report shows the labor market may be maintaining some momentum. Canada
New Housing Price Index
Apr. 2021: 9.9%
New-house prices pushed higher yet again in April, rising by 1.9% at the national level, marking a 9.9% year-ago increase. United States
Philadelphia Fed Survey
May. 2021: 31.5
The Philadelphia Fed’s manufacturing index grew again in May, though cooled a bit from March and April’s record highs. United States
Quarterly Services Survey
2021Q1:
Progress on the vaccination front, fiscal stimulus, and loosening of state COVID-19 restrictions are benefiting U.S. service industries. United States
St. Louis Fed Financial Stress Index
May 14: -0.87
The St. United States
Conference Board Leading Indicators
Apr. 2021: 1.6%
The Conference Board’s Leading Economic Index grew 1.6% from March to April, stronger than consensus expectations. United States
Natural Gas Storage Report
May 14: 71 bil cubic feet
Last week’s increase in natural gas inventories surpassed analyst expectations, suggesting that this report will put some downward pressure on prices. Singapore
GDP - Advanced
2021Q1:
Argentina
Economic Activity Indicator
Mar. 2021: 11.4% y/y
The statistics office’s monthly economic activity index increased 11.4% y/y in March after falling 2% in the previous month. Japan
Consumer Price Index
Apr. 2021:
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