• For the third consecutive week, the US stock market rallied and touched record highs following Bernanke’s assurance for continued monetary policy.

• U.S based equity mutual funds have reached a 27th consecutive week of inflows with $3.4 billion coming in for the week.

• The S&P 500 ended Q2 with a 2.9% gain.

• The Producer Price Index rose 0.8% while consumer goods prices were up 1.1% for the month of June.

• DXY was down 1.8% for the week, its worst decline since early June.

• China’s GDP growth slowed in the second quarter to 7.5% year-on-year while China’s industrial output in June grew at 8.9% from last year.

• In June, investors pulled a record $37 billion from emerging-market stock and bond funds.

• For the week ending 7/12/13, the S&P 500 gained 2.96% closing at 1680.19. The MSCI EAFE Index gained 3.83% closing at 1711.14 and the MSCI EM Index rose 3.03% to end the week at 945.36.