European countries should do everything they can to avoid a trade war with the US, said Italian Prime Minister Giorgia Meloni.

Looming U.S. tariffs, together with a real estate market slump feeding into weakening consumer confidence, saw China's GDP growth slow in the second quarter.

In the first half of the year, the Chinese economy grew at a 5.3% annual pace, the official data show. Zichun Huang of Capital Economics noted that investments in fixed assets such as factory equipment rose only 2.

Home sales in Canada rose for a second straight month, reflecting a boost in buyer confidence as the economy appeared to shrug off the impact of US tariffs.

Investor sentiment hit a five-month high in July, the most bullish reading since the early days of Trump's second term, according to BofA's latest survey.

Manufacturers and importers are storing more product in foreign trade zones and bonded warehouses to avoid Trump’s tariffs and preserve cash.

This edition of Data Spotlight focuses on combining revenue breakdowns with holdings to assess trade exposure, using news sentiment plus tick data for trading, and leveraging OHLC timing to capture price shifts.

Officials have secured an agreement across the bloc to slap tariffs on US goods, ranging from US-made cars to bourbon whiskey.