- Eurozone Q2 GDP rose to +0.9% QoQ (+3.6% YoY), a 6-year high. That was the first time in 5 years the Eurozone GDP beat US GDP.
- China's July retail sales were strong at 13.7%, versus 13.9% in June.
- Heatwaves continued in southwestern and western China, affecting more than 17 million people as the shortage of drinking water worsens, sources said.
- Dow-Jones Newswires reports that Russia has harvested 33 million tons of grain so far, down 22% from a year ago, because of wet conditions. Russia's Ag Minister expects this year's harvest to be down 8% YoY.
- Czarnikow Sugar estimates 2006-2007 world sugar production surplus at 3.1 million tons.
- Shipping: China's ports post 22 % growth According to a Xinhua report, during first half of 2006, China's major sea and river ports together handled over 42 million TEUs posting a growth of more than 22 percent.
- Disruptions continued at London’s Heathrow Airport because of last week's terrorist scare and one third of flights were canceled today.
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