The Bombay Stock Exchange's auto index has fallen more than 10% since Jan. 10.

WSJ: Weak Sales Drag India Auto Shares

According to the ETF Finder at ETF Channel, HOG makes up 3.87% of the First Trust NASDAQ Global Auto Index Fund ETF ( NASD: CARZ )which is trading lower by about 3% on the day Thursday.

FORBES: Connect

The building sector was the most pessimistic with an index reading of 33, followed by the auto, retail and shipping sectors with index readings of 50 each.

FORBES: Asian Business Sentiment Continues Slide Thomson Reuters/INSEAD Survey Shows

The auto portion of an ABS index compiled by Barclays has returned 2.34% this year on deals with an average maturity of just over two years.

WSJ: Google Googles 'Higher Yield,' Finds Auto Bonds

On the broader index (which includes auto and building materials), there was a similar softening.

FORBES: Brazil Retail Sales Hit A Snag

The broader index, which includes auto and building material, was softer but still gained from June levels and reached 0.6% on the month, after posting 0.3% month on month gains in June.

FORBES: Brazil Retail Sales Ignore Slowdown; Inflation Battle Continues

Among reports of recent weeks that came in better than forecasts were consumer sentiment, retail sales, home sales, construction spending, auto sales, factory orders, the ISM Mfg Index, the ISM Non-Mfg (service sector) Index, and so on.

FORBES: Jobs Report Be Damned, Economy Chugs Higher

U.S. economic data due for release Tuesday includes the weekly Goldman Sachs chain store sales index, personal income and outlays, the weekly Johnson Redbook retail sales report and domestic auto sales.

FORBES: Comex Gold Up, Hits New Record High, on Fresh Safe-Haven Demand