US existing home sales rebounded to their highest level since October. India’s stock market continued to surge, pushing it to record highs. US claims for jobless benefits fell sharply in a sign of increasing momentum for the economy. Chinese manufacturing seems to be picking up steam, which could be an important shift for both the Chinese and the global economy. Taiwan’s export orders continued to show momentum, on demand for electronics. South Korean economic growth slowed slightly in the second quarter. Japan’s trade deficit came in worse than expected, in what’s become an ongoing problem for Abenomics. US new home sales disappointed , though prices are up 5.3% over the last year. After an epic bust, Ireland’s real-estate market is picking momentum, especially in Dublin. The jobless rate in Brazil’s largest city remain low, but work stoppages at the national statistics agency delayed complete national data. Americans took a pay cut in the second quarter, in real terms. A key proxy for US business spending rose in June, though downward revisions to previous months obscured the signal. And the UK finally filled in the economic hole left by the Great Recession.