COMMODITIES DAYBOOK: Natural Gas Rebounds From Six-Week Low

Natural gas futures rebounded from a six-week low in New York on forecasts for a smaller-than-normal stockpile increase in a government report this week. Wheat futures fell for a third straight session while corn fell.

WHAT TO WATCH:
(ALL TIMES NEW YORK)

4 a.m. LME Stockpiles
10:30 a.m. DOE Weekly U.S. Petroleum Inventories
2:00 p.m. USDA Cattle, Hog Slaughter
3:00 p.m. USDA Broiler Eggs Set

TOP STORIES
Crude Oil Snaps Two-Day Drop as U.S. Retail Sales Beat Forecasts
Natural Gas Futures Rebound From Six-Week Low on Inventory View
Wheat Futures Drop on Reduced Demand; Corn, Soybeans Decline
Coffee Falls on Brazil Supplies; Sugar Drops; Cocoa, Cotton Gain
Gold Drops for Second Day as U.S. Sales Data Damps Stimulus Bets
Copper Advances as U.S., German Economic Data Boost Outlook
Feeder-Cattle Futures Jump to Five-Week High; Hogs Prices Gain
Heating Oil Rises as Inventories Decline While Demand Picks Up

ON THE FRONT PAGES
Jordan First-Half Spending on Oil, Energy Rises 31%, Petra Says
Sinopec May Spend $1 Billion on U.S. Coal-Gas Project, WSJ Says
Panama Canal Expansion $573 Million Over Budget, Prensa Says

ECONOMIC DATA:
(ALL TIMES NEW YORK)

4:30 a.m. U.K. Bank of England Minutes
4:30 a.m. U.K. June Unemployment Rate
7:00 a.m. U.S. MBA Mortgage Applications
8:30 a.m. U.S. July Consumer Price Index
8:30 a.m. U.S. August Empire Manufacturing
9:15 a.m. U.S. July Industrial Production
10:00 a.m. U.S. August NAHB Housing Market Index

TV HIGHLIGHTS
7:00 a.m. BNP North America Chief Economist Julia Coronado
7:30 a.m. Council on Foreign Relations President Richard Haass
8:05 a.m. Blackstone Group LP Vice Chairman Byron Wien
12:00 p.m. Oppenheimer & Co. Inc. Strategist John Stoltzfus
3:08 p.m. RBS Securities Inc. Strategist Michelle Girard
5:00 p.m. Morgan Stanley Chief U.S. Economist Vincent Reinhart

MARKETS (4:30 p.m. NY TIME):
                                   Last     Chg    %Chg
WTI Crude Oil                     $93.43   +0.7     +0.8
Gasoline                           $3.0014 +0.0107  +0.4
Natural Gas                        $2.834  +0.105   +3.9
Copper                             $3.359  +0.055   +0.2
Gold                           $1,599.40  -10.20    -0.6
Wheat                              $8.3975 -0.17    -2
U.S. Dollar Index                  82.52   +0.08    +0.1
MSCI All-Country Index            323.00   +0.46    +0.1

To contact the reporters on this story: Barbara J Powell in Dallas at bpowell4@bloomberg.net

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net

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