Quick Overview

• The SEC said it plans to curb traders' ability to short sell some of the largest banks and brokerage firms.
  

• U.S. producer prices rose 1.8% in June and up 9.2% YoY. Excluding food and energy prices rose 0.2% in June and 3.0% YoY.
  

• U.S. retail sales rose 0.1% in June. Excluding autos, sales rose 0.8%.
  The Federal Reserve of New York's regional index of manufacturing improved from -8.7 to -4.92.
  

• YoY U.K. consumer prices rose 3.8% in June.
  

• Japan reduced its forecast for GDP in 2008-2009 from 1.5% to 1.2%.
  

• YoY China's copper imports fell 19% in June