Monday, July 20, 2009

Quick Overview

  • U.S. leading indicators rose 0.7% in June, better than expected.

  • Canada’s May Wholesale Sales dropped -0.3%

  • UK July House Prices rose +0.6% MoM and -3.1% YoY

  • Australia’s Q2 Producer Price Index fell -0.8% QoQ

  • Human Genome Sciences (HGSI) more than tripled after the company and GlaxoSmithKline said their experimental lupus drug reduced patients’ symptoms in a yearlong study.

  • Germany’s June Producer Prices fell -0.1% MoM

  • Cocoa futures rose above a 5-month high on fund buying and better than expected North American Q2 grind data.

  • (MarketWatch) -- A package of government bailout packages could cost $23.7 trillion, according to testimony prepared by a special inspector general expected to appear on Capitol Hill this week.

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