Quick Overview

• U.S. Retail sales were up 1.4% in May, stronger than expected.
  

• U.K.’s Unemployment rate unchanged at 5.5%.
  

• Canada's manufacturing shipments fell 0.6%.
  

• Retail sales in China rose 15.9% YoY.
  

• Japan will get its first nursing home for dogs with round-the-clock monitoring by doctors and a team of puppies to help aging pooches feel younger, a pet products company said Wednesday. Owners pay 98,000 yen ($800) a month.
  
  

• The U.S. DOE said that:
  Supplies of crude oil were up 100,000 barrels to 342.4 million barrels.
  Supplies of gasoline were unchanged.
  Supplies of heating oil were down 2.8 million barrels.
  Gasoline demand was up 1.4% YoY
  Distillate demand was up 2.9% YoY.
  

• Japanese officials announced they will stop 100% inspections of U.S. beef imports Wednesday and instead go to spot-checks.
  

• Las Vegas oddsmakers had Ron Paul at 200 to 1 to win the primaries. Now he is at 7 to 1