Quick Overview

• The S&P/Case-Shiller index of U.S. home prices in twenty cities fell 0.5% in June. YoY home prices fell 15.9%.
  

• The U.S. Census Bureau said U.S. new home sales were at an annual rate of 515,000 units in July, up 2.4% from June. YoY new home sales are down 36%.
  

• The Conference Board's index of U.S. consumer confidence improved from 51.9 to 56.9.
  

• Business confidence in Germany fell from 97.5 to 94.8 in August -- causing the Euro to fall to a six-month low against the dollar.
  

• YoY British mortgage approvals in July fell 65%.