- The U.S. economy is growing strongly despite a slowing housing sector, even though inflation remains above the central bank's comfort level, two top Federal Reserve officials said.
- Japan's government changed its estimate of GDP growth for the April to June quarter from 0.8% to 1.0%.
- Japan’s machinery orders were down 16.7% in July, the biggest drop in some 20 years.
- (Bloomberg) -- Japan's producer prices rose at the fastest pace in 25 years, increasing pressure on profits as companies try to pass on rising oil and commodity costs.
- Canada's housing starts were down 9.6% MoM and weaker than expected.
- England: House prices have doubled in just four years with the average home in England now topping the 200,000 barrier. Annual house price growth is running at its fastest rate for 14 months.
- Exxon Mobil Australia chief executive Mark Nolan said the theory that oil supplies had peaked and would dwindle over the next 20 years was of 'no value', having surfaced regularly since the 1920s during times of high oil prices.
- Mexico's economic growth will slow to an "inadequate" rate of about 3.5 percent next year, the central bank said on Monday.
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