Quick Overview

• The producer price index rose 0.5% in June and up 4.9% YoY, more than expected, while the "core" PPI rate excluding food and energy rose 0.2%.
  
  

• The Treasury Department said that foreign buys of long-term U.S. securities totaled $88.8 billion in May -- U.S. purchases of foreign securities totaled $19.2 billion.
  

• YoY Consumer prices in the U.K. were up 2.5% in June.
  

• Japan's index of services, increased 0.5% in May, stronger than expected.
  

• Chinese annual growth surged to 11.3 percent in the second quarter, bounding ahead at the fastest pace since the mid1990s on the back of strong investment and exports, the government said on Tuesday.
  
  

• Japan's economy -- already in its second-longest growth cycle of the postwar era -- will likely keep recovering with the end of deflation in sight, the government said in an economic white paper on Tuesday.