Quick Overview

• The Fed reported that YoY consumer borrowing rose 5.7% in June, up sharply from a 3.3 percent increase in May.
  
  

• Japan's July foreign exchange reserves rose $7.06 billion on month to $871.94 billion, the Finance Ministry said Monday.
  
  

• China's National Foreign Exchange Center set the Yuan rate at a record 7.9699 to the dollar.
  
  

• Sweden’s GDP rose 5.5% YoY versus 4.2% expected.
  

• MoM UK’s Industrial Production fell -0.1% in June vs. 0.2% expected, YoY -0.7 vs. -0.3% exp.
  

• UK’s Manufacturing Production was up 0.1% in June vs. 0.2% expected, YoY 0.9% vs. 0.9% exp.
  

• BP said Sunday it would shut down the Prudhoe Bay oil field, which represents 8 percent of daily U.S. crude production, because of possible pipeline corrosion.