... indicating a contraction in manufacturing activity for the second consecutive month. Weak external demand and cautious consumer behavior are leading to a downturn in the manufacturing sector. In response, Beijing announced an additional package of stimulus measures: the government has announced tax cuts for small businesses, eased mortgage lending conditions, and new infrastructure projects for the second half of the year. The People’s Bank of China had already cut key rates earlier (a total of 0.25 percentage ...

... the redirection of U.S. LNG shipments, the impact on European consumers, and potential steps Europe could take to strengthen its energy security. Discover how these recent developments are affecting the market and why Europe is considering alternative measures to ensure reliable energy supplies. The U.S. Fails to Meet LNG Contracts with Europe: What This Means for Europe’s Energy Security As global energy markets face unprecedented turbulence, Gazprom has publicly raised concerns that the United ...

... the deadline for achieving a ceasefire in Ukraine (an ultimatum of approximately 10 days, expiring August 8) and made it clear that he is "not concerned" about any potential negative market reactions to the implementation of new stringent measures against Russia. This involves the potential introduction of maximum tariffs on Russian goods and secondary sanctions against buyers of Russian oil and gas. The prospect of such moves keeps market participants on edge, considering the risks to ...

... #Germany #Musk #Geopolitics #Economy France is ready to respond firmly to US tariff increases French Foreign Minister Jean-Noël Barré stated that the introduction of higher tariffs by the US on European goods would require a strong response. These measures could lead to a new round of trade war between the EU and the US. Key points: France's position: Barré emphasized that the European Union must act as a united front in case of trade aggression. Possible measures: EU's retaliatory actions may ...

... affect expectations regarding future actions by the Federal Reserve. An acceleration in inflation increases the likelihood of continued rate hikes, while a slowdown in price growth may support markets, confirming the effectiveness of already implemented measures by the regulator. 19:00 (USA) – EIA Short-Term Energy Outlook: The US Department of Energy will present updated forecasts for oil and gas markets. The report reflects expectations for shale oil production, fuel consumption levels, and stock ...