Quick Overview

• Pending sales of existing homes in the U.S. rose 6.7% in April -- the biggest monthly gain in over seven years
  

• Australia kept its interest rate unchanged at 3.0%,
  

• The unemployment rate in the EU rose from 8.4% to 8.6% in April,
  

• Manufacturing index in the Euro zone rose from 36.8 to 40.7

• Up to 50% of the Canadian Prairies wheat belt faces serious moisture shortages. Arlan Suderman (Farm Futures)