International
Asia
● Asian stock indexes dropped due
to weak earnings from steel-making and mining companies after
China's demand for them weakened.
● The Nikkei slipped 0.05 percent;
Shanghai Composite fell 1.1 percent; Hang Seng tumbled 1.18
percent; S&P/ASX 200 dipped 0.26 percent; KOSPI was closed for
a holiday.
Europe
● European stock indexes fell
ahead of U.S. industry report data. Check for movements in the
Vanguard MSCI Europe ETF (NYSEArca:VGK).
● U.K. jobless claims in July
unexpectedly dropped 5,900 instead of rising 6,000 as anticipated
by analysts due to the creation of jobs for the Olympics.
● Greece is seeking a two-year
extension on its austerity measures as it plans to find another
€11.5 billion of spending cuts to ensure it can reduce its budget
deficit by 1.5 percentage points over the next four years.
Domestic
● U.S. stock futures indicated a
lower opening, as investors awaited industrial production and other
economic data.
Commodities
All commodities news is as of 7:15 a.m. ET.
Gold and Silver Fell
● Gold slipped 0.28 percent, or
$4.50, to $1,594.55. Expect drops in the SPDR Gold Shares physical
bullion ETF (NYSEArca:GLD).
● Silver decreased 0.47 percent,
or $0.13, to $27.69. Look for lowering in the iShares Silver Trust
(NYSEArca:SLV).
WTI and Brent Oil Slid
● The September contract for WTI
crude oil fell 0.26 percent, or $0.24, to $93.19 per barrel.
● The September contract for Brent
crude oil weakened 0.16 percent, or $0.18, to $113.85 per
barrel.
● Expect contraction in both the
United States Oil Fund (NYSEArca:USO) and the United States Brent
Oil Fund (NYSEArca:BNO).
Fund Flows
None as of yet today
ETF Launches
None as of yet today
ETF Filings
None as of yet today
Economic Calendar
Domestic
● NFIB Small Business Optimism
Index - 7:30 a.m. ET
● ICSC-Goldman Store Sales - 7:45
a.m. ET
● Producer Price Index - 8:30 a.m.
ET
● Retail Sales - 8:30 a.m. ET
● Redbook - 8:55 a.m. ET
● Business Inventories - 10:00
a.m. ET
Europe
● France
○ CPI - 1:30 a.m. ET
○ GDP Flash - 1:30 a.m. ET
● Germany
○ GDP Flash - 2:00 a.m. ET
○ ZEW Survey - 5:00 a.m. ET
● Switzerland
○ Producer and Import Price Index
- 3:15 a.m. ET
● U.K.
○ CPI - 4:30 a.m. ET
● EMU
○ GDP Flash - 5:00 a.m. ET
○ Industrial Production - 5:00
a.m. ET
Permalink | 'copy; Copyright 2009 IndexUniverse LLC. All rights
reserved
Don't forget to check IndexUniverse.com's ETF Data
section.
Copyright ®
2012 IndexUniverse LLC
. All Rights Reserved.