Quick Overview

• MoM U.S. Home construction unexpectedly rose 3.6% in June but fell 52% YoY
  

• Australia Q2 Import Price Index fell -6.4% QoQ
  

• China's June Wholesale Prices fell -8.0% YoY
  

• Norway's Q2 Existing Home Prices rose 5.3% YoY
  

• Euro Zone May Construction Output fell -2.0% MoM.
  

• Canada's June CPI rose +0.3% MoM and fell 0.3% YoY
  

• Canada's June Leading Indicators fell -0.1%
  
  

• YoY the USDA expects pork production to fall 3% in Q3 and down 2% Q4
  

• The USDA expects beef production to fall 8% in 2009 and rise 9% in 2010.

• The North American cocoa grind totaled 105,123 tons in Q2, down 6.75% YoY

• More than 650,000 Americans will have used up all of their unemployment benefits by September.
  

• GE announced Q2 2009 earnings of $2.9 billion, or $.26 per share, down 47% from Q2 of 2008.
  

• Blogs claim Microsoft is close to sealing a deal to buy Yahoo's search business