🇺🇸 A deadly outbreak of "explosive diarrhea" in the United States has begun to claim lives, according to REN TV. Previously, former President Trump blamed Mexico for the outbreak and threatened to impose additional tariffs.
📈 Tech stocks in Asia are experiencing a strong rally, continuing their upward trend.
🚨 A sorting center for Wildberries caught fire in the Tula region following a drone attack, according to the governor.
🚨 India has maintained its central bank interest rate at 5.25%, consistent with previous expectations. The decision reflects the current economic conditions, with no changes from earlier rates.
🚨 China has released its July economic data. The Composite PMI stands at 50.8, down from the previous 53.6. Meanwhile, the Services PMI has also declined to 50.4, compared to 54.1 earlier.
⚠️🇮🇳 India's Services PMI for July has dropped to 53.3, down from the previous 57.4. The Composite PMI also saw a decline, now at 54.3 compared to the earlier 57.1.
⚠️🇮🇷 In a recent interview with Fox News, former President Donald Trump stated that he has plenty of time for negotiations with Iran when asked about deadlines.
⚠️🇯🇵 Minutes from the recent Bank of Japan meeting reveal that the economy is progressing as per the baseline forecast. However, there are risks that inflation may exceed the 2% target. Inflation expectations are rising, and the real interest rate remains unusually low by global standards, necessitating adjustments considering the inflation growth risks.
🇺🇸 The Trump administration has returned over $100 billion in tariffs following a Supreme Court ruling, as reported by the Financial Times. Trump had previously promised to recover all potential losses stemming from the court's decision and has begun imposing new tariffs on various countries under different pretenses.
🚀 Following the latest earnings reports, notable stock movements were observed. SpaceX saw a decline of 7.5%, while AMD dropped by 9%. In contrast, Booking surged by 5.5%, and Wynn Resorts climbed 5%. Bed Bath & Beyond fell by 10%, and both Amgen and Gilead remained unchanged. ViaSat and Lucid experienced declines of 9% and 8%, respectively. Pinterest and Match Group each dropped 9% and 10%. Mosaic decreased by 1%, while Trivago rose by 6%.