| Today's Economy
Economic Roundup: U.S. Residential Investment Softens Home sales drop; manufacturing surveys continue to improve; Trump cancels North Korea summit. Flat-to-Lower Home Sales May Rein in Treasury Yields March marked the 17th consecutive yearly decline by the home affordability index. Volcano Won't Burn Hawaii's Economy Eruption on the Big Island is hurting tourism, but its broader impact will be modest. U.S. Existing-Home Sales Drop in April Residential investment is off to a slow start this quarter. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Economic Preview: 28 May - 1 June Brazil's economy moderates. Unemployment trends up in Chile and Mexico. Asia-Pacific Weekly Highlights and Preview: 25 May, 2018 An influx of Japan’s activity data for the second quarter is due. Emerging Markets at the Mercy of Offshore Developments Recent experiences in Indonesia, India and Malaysia demonstrate how Asia is not immune. Italy Opens a Pandora’s Box The policy draft is heavy on wishful thinking and light on realistic solutions. » VIEW MORE COMMENTARY
Today's Economic Indicators
South Korea
Monetary Policy
May. 2018: 1.5%
The Bank of Korea kept the policy rate unchanged at 1.5% at its latest monetary policy meeting. Germany
GDP
2018Q1: 0.3%
Germany's GDP growth disappointed at the start of 2018. United Kingdom
Retail Sales
Apr. 2018: 1.40%
U.K. retail sales rose by 1.4% y/y in April, up slightly from a 1.3% increase previously and above the consensus of 0.9%. United States
Jobless Claims
May 19: 234,000
Despite edging higher, initial claims for unemployment insurance benefits remain historically low. United States
FHFA Purchase-Only House Price Index
Mar. 2018: 6.7%
The Federal Housing Finance Agency Purchase-Only House Price Index rose 6.7% in March on a year-ago basis, which is somewhat slower than February’s increase. United States
Existing-Home Sales
Apr. 2018: 5.46 mil
Existing-home sales declined in April, but are still within striking distance of their cycle high reached in November. United States
St. Louis Fed Financial Stress Index
May 18: -1.12
The St. United States
Natural Gas Storage Report
May 18: 91 bil cubic feet
The increase in natural gas stocks was equal to analyst predictions, which will have little effect on gas prices. United States
Kansas City Fed Manufacturing Survey
May. 2018: 29
Manufacturing is booming in the Kansas City Federal Reserve District. » VIEW MORE ECONOMIC INDICATORS | 
