Notable reports include Ocwen Financial ( OCN ), Beazer Homes ( BZH ), Monster Worldwide ( MWW ), LinkedIn ( LNKD ), Kraft (KRFT), and Kellogg (K). On the report after the call, ISM Chairman Nieves mentioned that declining prices were causing companies to put orders on hold, which is a longer term positive for the economy. More than 60% of economists are expecting the ECB to cut its main refinancing rate to 0.50% from 0.75% in response to falling inflation and slowing economic growth.