Quick Overview

• The National Association of Realtors said pending home sales were down 12.2% in July -- the lowest in six years.
  

• The Fed’s Beige Book did note, that tighter lending standards were having a noticeable effect on housing and that is a concern.
  

• The Bank of Canada kept its interest rate unchanged at 4.50%,
  

• The Reserve Bank of Australia kept its interest rate unchanged at 6.50%,
  

• Retail sales volume in the Euro zone (13) rose 0.1% in July.