- U.S. consumer confidence in August fell by the most since the period immediately following Hurricane Katrina, the New York-based Conference Board said.
- YoY S&P’s index of U.S. housing prices fell 3.2% in the second quarter. U.S. home builders said tightening lending standards have made it even harder for them to unload inventories of unsold houses.
- The Ifo Institute's index of business confidence fell from 106.4 to 105.8
- GDP in South Africa rose 5.0% in the second quarter.
- In a survey producers indicated that they plan to plant corn on 8.6% less area for the 2008 season to 84.9 million acres from 92.9 million this season.
They also indicated that they plan to plant soybeans on 13% more area for the 2008 season to 72.6 million acres from 64.1 million this season.
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