| Today's Economy
Capital Market View: Supply Constraints Pushing Commodity Prices Higher This should prove to be temporary, but it could take until next year. Geopolitical Risk Calendar: Overblown U.S. Inflation Worries Israel and Hamas reach a tentative peace agreement. Virus Surge in Taiwan Interrupts Tech-Led Rebound The latest outbreak, together with other challenges, dampens the country's growth prospects. Europe Daily Briefing: PMIs Flash Promising Signals in May Italy has passed another round of stimulus. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Weekly Highlights and Preview, May 21, 2021 Jobless rates have probably increased in Brazil and Mexico. Europe Weekly Highlights and Preview, 21 May, 2021 Euro zone inflation will be driven higher by base effects until this summer. Macro Roundup: Consumption to Drive China Growth A stabilizing labor market and improving consumer spending will boost demand across a wide array of goods-producing and service-providing industries. Asia-Pacific Weekly Highlights and Preview: 21 May, 2021 A fourth COVID-19 wave in Japan kept consumption and employment down. » VIEW MORE COMMENTARY
Today's Economic Indicators
Peru
GDP
2021Q1: 3.8% y/y
Peru's economy struggled in the first quarter as the pandemic's third wave reared its head, forcing new restrictions on business and social activity. Switzerland
Industrial Production
2021Q1: 4.8%
After three consecutive quarters of falling industrial production, output returned to positive territory in the first quarter of 2021, growing by 4.8% y/y. United Kingdom
Retail Sales
Apr. 2021: 9.2%
Retail sales jumped by 9.2% m/m in April, adding to a 5.4% increase in March. Canada
Retail Trade
Mar. 2021: 3.6%
The Canadian retail sector followed up February's rebound with another strong month of sales in March. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
May 19: 89.9
The Moody’s Analytics & CNN Business Back-to-Normal Index continues to push toward 100. Mexico
Retail & Wholesale Sales
Mar. 2021: 2.5% y/y
Retail consumption in Mexico advanced in March, after an interruption caused by temporary measures implemented to curb the spread of COVID-19. United States
Regional and State Employment
Apr. 2021:
April’s job numbers for state and regional economies were disappointing. United States
Existing-Home Sales
Apr. 2021: 5.85 mil, SAAR
Existing-home sales dropped 2.7% in April to 5.85 million units annualized, falling back near their level reached in July 2020. United States
Moody's Analytics Inflation Expectations Pulse
May 14: 2.02%
Inflation expectations are rising. » VIEW MORE ECONOMIC INDICATORS | 
