Quick Overview

• U.S. unemployment rate fell from 9.5% to 9.4% in July
  

• The European Central Bank and 18 other banks agreed to limit their sales of gold to no more than 400 tons per year until 2014.
  

• Canada’s July Unemployment Rate steady at 8.6% (8.8% expected)
  

• Australia’s Julys Construction Index out at 39.5 (42.6 expected)
  

• Switzerland’s July Unemployment Rate out at 3.9% up from 3.8% in June
  

• Germany’s June Trade Balance out at 12.2B (10.6B expected) and 9.5B in May
  

• UK July PPI Input/output out at -1.4%/+0.3% MoM (0.8%/0.0% expected)
  

• Germany’s June Industrial Production out at -0.1% MoM ( +0.5% expected)