Quick Overview

• U.S. consumer prices were up 0.5% in July with the core rate up 0.1%. YoY consumer prices were up 3.2%.
  

• U.S. industrial production was up 0.1% in July, less than expected.
  
  

• U.S. housing starts were at a yearly rate of 2.042 million units in July, down slightly from June's pace. YoY housing starts are up 5%.
  

• Wal-Mart Stores Inc. struggled in the second quarter and muted its earnings outlook on Tuesday, again blaming higher gasoline prices for cutting into spending plans by its low-income shoppers.
  
  

• Port of Long Beach: Junes Asian imports at the second-largest port in the U.S. pushed overall volume to 576,604 TEUs from 494,098 TEUs a year earlier, according to the port's preliminary data.
  
  

• YoY Argentina's economy grew 8.6 percent in June, the economy ministry said on Tuesday, beating analysts' forecasts.
  

• YoY Consumer prices in the U.K. were up 2.3% in July, more than expected and the largest monthly gain in eight years.