- S.Korea’s exports up 29.6% YoY
- MSCI Asia ex-Japan index up 1%
- China's PMI index fell to a 17-month low of 51.2 from 52.1 in June.
- Farm production in Pakistan, Asia’s third-largest grower of wheat and the fourth-biggest producer of cotton, may decline 10 percent to 15 percent because of damage caused by the worst flooding in memory, according to an industry official.
- Wheat prices continued to rally over possible wheat export controls in the Black Sea states, which continue to suffer from their worst drought in over a century. Russia produces about 8% of world wheat output.
- The Institute for Supply Management (ISM) index fell to 55.5% in July from 56.2% in June. The decline was not as sharp as expected.
- (Reuters) - The U.S. economy is improving but has yet to recover fully, with high unemployment and a weak housing market weighing on consumers, Federal Reserve Chairman Ben Bernanke said on Monday.