Monday, July 31, 2006

Quick Overview

  • Retail sales in Germany rose 1.9% in June

  • Japan's June industrial production rose 1.9% MoM, which was stronger than the market consensus of 1.3%

  • Euro zone confidence rose to a 5-year high in July.

  • Dow Jones Newswires estimated that China will import one million tons and India will import four million tons of wheat in 2006-2007.

  • The Chinese Yuan extended its move to post a new 12-1/2 year high at 7.9650 Yuan / dollar.

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