Quick Overview

• The Bank of Japan at its regular 2-day policy meeting that begins today is unanimously expected to leave its monetary policy unchanged.
  

• Industrial new orders in the Euro zone rose 4.4% in June, stronger than expected.
  The USDA said there were 459.8 million pounds of frozen pork in storage, up 10% YoY.
  
  

• The USDA said there were 849 million pounds of frozen orange juice concentrate in storage, down 15% YoY.
  
  

• The U.S. Department of Energy said that:
  Supplies of crude oil rose 1.9 million barrels to 337.1 million barrels.
  Supplies of gasoline fell 5.7 million barrels
  Supplies of heating oil supplies rose 600,000 barrels.
  Gasoline demand was up 0.6% YoY
  Distillate demand was up 2.1% YoY