| Today's Economy
Economic Roundup: U.S. New-Home Sales Coming Back Down to Earth After jumping in the second half of the year, new-home sales have edged lower. LatAm Daily Briefing: Venezuela Makes Little Progress on Inflation Reports say about 60% of total transactions in the economy are currently done in dollars. Capital Market View: If You Squint, Corporate Bond Spreads Have Widened Although the wider VIX-implied spread for corporate bonds hasn't materialized. Europe Daily Briefing: German GDP Stumbles in First Quarter Lockdown and supply bottlenecks threw off the German recovery. » VIEW MORE TODAY'S ECONOMY
Commentary
Global Vaccine Tracker: Uneven Progress German biotech company CureVac expects to see its new mRNA vaccine approved by the European Medicines Agency this week. U.S. Chartbook: Raring to Go Growth is poised to pick up, but prices bear watching. U.S. COVID-19 Tracker Update: States Ditch Federal UI Benefits Program Twenty-three states will end the $300 weekly supplement in either June or July. APAC Outlook: The Long and Winding Road New divides are emerging within the region, and the pace of economic recovery is at risk from new Covid-19 variants. » VIEW MORE COMMENTARY
Today's Economic Indicators
Singapore
Industrial Production
Apr. 2021: 2.1% y/y
Singapore's industrial production grew by 2.1% y/y in April, following a stronger 7.6% increase in March. Finland
Unemployment rate
Apr. 2021: 9.0%
Finland’s not seasonally adjusted unemployment rate rose to 9% in April, compared with 8% a year earlier. Germany
GDP
2021Q1: -1.8% q/q
Final estimates showed that Germany’s GDP contracted by 1.8% q/q, slightly worse than the 1.7% initially estimated. Austria
Industrial Production
Mar. 2021: 2.4%
Austria’s goods-producing sector continued its upward trend in March, with industrial production growing for the third consecutive month. Indonesia
Monetary Policy
May. 2021: 3.50%
Bank Indonesia held its seven-day reverse repo rate unchanged at 3.5% during the May meeting, as expected, to balance currency stability and growth support. Mexico
Trade Balance
Apr. 2021: US$1,500.6 mil
Mexico's trade balance reported a positive result in April as oil revenues expanded. United States
Philadelphia Fed Nonmanufacturing Survey
May. 2021: 22.1
The Philadelphia Fed’s Nonmanufacturing Business Outlook Survey shows activity expanded further in May. United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Mar. 2021: 13.3% y/y
House price appreciation accelerated again in March, as measured by the S&P CoreLogic Case-Shiller 20-City Composite Index. United States
FHFA Purchase-Only House Price Index
Mar. 2021: 13.9% y/y
The Federal Housing Finance Agency Purchase-Only House Price Index jumped 13.9% on a year-ago basis in March from 12.2% the previous month. Russian Federation
Unemployment
Apr. 2021: 5.2%
Russia's unemployment rate came in at 5.2% in April, beating market expectations of a 5.4% reading. United States
New-Home Sales
Apr. 2021: 863,000 SAAR
New-home sales cooled in April as homebuilders contend with rising construction costs, labor-supply issues, and a backlog of homes under construction. United States
Richmond Fed Manufacturing Survey
May. 2021: 18
Factory conditions in the Fifth Federal Reserve District continued to improve in May. United States
Conference Board Consumer Confidence
May. 2021: 117.2
U.S. consumer confidence slipped in May, but consumers turned noticeably more upbeat about the state of the labor market. United States
Moody’s Analytics Policy Uncertainty Index
May 21: 340.5
The four-week moving average in our U.S. policy uncertainty index fell from 347 to 340.5 in the week ended May 21. Russian Federation
Industrial Production
Apr. 2021: 7.2%
The rebound in industrial production in Russia accelerated in April. » VIEW MORE ECONOMIC INDICATORS | 
