Quick Overview

• U.S. producer prices rose 1.0% in July, more than expected, due to by higher energy prices. The core rate increased 0.4% in July.
  

• Jobless claims in the U.K. increased 2,800 to 866,000 in July, the most in over a year.
  

• Canada's wholesale sales were up 0.5% in June to C$39.9 billion.
  

• The U.S. Department of Energy said that:
  Crude supplies were up 300,000 barrels last week to 321.1 million barrels.
  Unleaded gasoline dropped 5.0 million barrels.
  Heating oil supplies were up 300,000 barrels.
  
• OPEC said that they pumped 30.2 million barrels of oil per day in July, up from 30.0 million in June.