Quick Overview

• Of the two-thirds of S&P 500 companies that have reported Q2 earnings 74% of them have exceeded expectations.
  

• U.S. manufacturing index rose from 44.8 to 48.9 in July
  

• U.S. construction spending rose 0.3% MoM but fell 11.4% YoY
  

• Manufacturing in China rose 51.8 to 52.8 in July,
  

• U.K. manufacturing rose from 47.4 to 50.8 in July,
  

• E.U. manufacturing rose from 42.6 to 46.3 in July
  

• Germany’s June Retail Sales fell -1.8% MoM (0.5% expected)
  
  

• (FT) White sugar prices hit their highest level in at least a quarter of century, moving above the $500 a tonne on Monday, boosted by the expectation that India will need to import sugar for the second year in a row.
  

• Ford said July U.S. vehicle sales rose 2.3% YoY