Quick Overview

• The Fed met and kept rates unchanged at 2.0%, as expected.
  

• The Institute of Supply Management's index of services increased from 48.2 to 49.5
  

• U.K.'s manufacturing output fell 0.5% in June.
  U.K.’s index of services rose from 47.1 to 47.4
  

• Retail sales volume in the Euro area fell 0.6% in June.
  

• Australia kept rates unchanged at 7.25%, as expected.
  

• (JoC) A national container fee may be the most equitable means available to raise the billions of dollars needed to build freight infrastructure, a congressional hearing is told.
  

• Between January and May, China exported 3.39 billion pairs of shoes, down 3.6% YoY.