Quick Overview

• The New York Federal Reserve's regional index of manufacturing dropped from 15.81 to 12.36 in May, weaker than expected, but still a sign of expansion.
  

• The U.S. Treasury said that foreign purchases of U.S. securities totaled $89.2 billion in March.
  

• Statistics Canada said that manufacturing gained 1.6% in March
  

• YoY Indonesia's GDP was up of 4.6% in the first quarter of 2006.
  

• YoY Mexican industrial output rose 9.7 percent in March.
  
  

• China's retail sales in April grew 13.6 percent from a year earlier.
  
  

• China's banks continued to add new loans rapidly in April, with total yuan loans growing 15.5 percent YoY.
  
  

• Dow-Jones News Wire reports that S&P and the Toronto Stock Exchange are preparing to roll out the first real-time global gold index. The Toronto Stock Exchange is home to about 60% of the world's public mining companies. The new index is expected to be up and running by the end of the year.
  
  

• The Green Coffee Association said that U.S. coffee stocks were down 76.002 bags to 5.2 million bags.
  The USDA estimated Brazil's coffee crop at 44.8 million bags.