Good Evening Global News Headline, Compiled by RUDRA SHARES Friday, 25 July 2025 *Russia* • Bank of Russia Cuts Rate by 200bps *Bosnia and Herzegovina* • Producer Inflation Slows to 11-Month Low • Inflation Rate Hits Highest Since August 2023 *Slovenia* • Business Confidence Edges Up *Italy* • Manufacturing Confidence Hits 14-Month High • Italian Consumer Confidence Rises to Five-Month High in July *France* • French Yields Hit 3-Month High as ECB Pauses and EU–US Trade Deal Nears *Germany* • Bund Yields Hit 4-Month High as ECB Pauses, EU–US Trade Deal Nears *Turkey* • Turkish Capacity Utilization Hits Lowest Since March 2023 • Turkish Business Morale Slips to Seven-Month Low *Hungary* • Jobless Rate Rises to 4.5% in April-June *Sweden* • Jobless Rate Stays at 9.4% in June • Producer Prices Drop the Most in 1-1/2 Years *United Kingdom* • UK Retail Sales Rebound on Summer Boost *Singapore* • Manufacturing Output Growth Quickens to 7-Month High *Japan* • Coincident Index Revised Narrowly Higher *Malaysia* • Leading Index Slows Sharply in May *China* • Unveils Draft Pricing Law to Curb Price Wars and Deflation Risks *South Korea – USA* • Seoul, Washington Push to Seal Trade Pact by August Deadline *Brunei* • Consumer Prices Drop the Most in 8 Months *Corporate – Volkswagen* • Cuts Guidance After Taking $1.5 Billion Hit from U.S. Tariffs in First Half *India* • Resumes Issuing Visas to Chinese Nationals After a 5-Year Freeze • Expects ‘Preferential’ Tariffs in a Trade Deal with U.S., Says India’s Commerce Minister *Asia-Pacific Markets* • Stocks Fall as Investors Weigh Recent Trade Developments *USA – Politics / Fed* • Trump Spars with Powell Over Renovation Costs During Fed Visit, But Backs Off Firing Threats *Corporate – Tesla* • Dumped 75% of its Bitcoin at One of the Worst Times, Losing Out on Billions For more details https://www.rudrashares.com/cef.aspx

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Good Evening Global News Headline, Compiled by *RUDRA SHARES* Thursday, 24 July 2025 *Europe & UK* • French Bond Yields Rise as ECB Holds Rates and Trade Talks Loom • Italian Yields Edge Up as ECB Decision Nears and Trade Hopes Build • Bund Yields Steady as ECB Decision Looms and EU-US Trade Deal Nears • UK 10-Year Gilt Yield Falls after PMI Data • UK Factory Orders Remain Weak in July: CBI • UK Private Sector Activity Slows More than Expected • UK Services Sector Growth Unexpectedly Slows • Eurozone Manufacturing Contraction Eases in July • Eurozone Private Economic Activity Rises to 11-Month High • Germany Services Sector Stabilizes in July • German Factory Slump Eases in July • Germany’s Private Sector Activity Grows Marginally in July • German Consumer Morale Unexpectedly Falls • French Private Sector Improves More Than Expected • France Services Sector Shrinks Slightly Less than Expected • France Manufacturing Downturn Continues • ECB to Pause Easing Cycle Amid Trade Uncertainty • Norway Industrial Confidence Falls to Over 1-Year Low • Estonia’s Tech Elite are Getting Behind a European Challenger to Robinhood • UK Pushes Apple and Google for Mobile Changes to Curb Market Power *United States* • Chicago Fed Activity Index Rises but Stays Below Zero for Third Month • US Initial Unemployment Claims Fall for 6th Week • Trump’s Aluminum Tariffs May Be Sparking a Green Recycling Boom — Unintentionally • UnitedHealth Says It Is Facing DOJ Investigation Over Medicare Billing Practices • Nasdaq Set for Another Record After Strong Alphabet Earnings; S&P Futures Are Unchanged Canada • Canadian Manufacturing Expected to Rebound in June • Canadian Retail Sales Set to Rebound In June *Asia & Emerging Markets* • India Factory Growth Hits 17-Year Peak • Ukraine Holds Interest Rate Steady at 15.5% • Turkey’s Central Bank Makes Three-Point Cut to Interest Rates in Return to Easing • Macau Tourist Arrivals Rise 13.3% in June • Czech Republic Consumer Morale Hits Over 3-Year High *Corporate & Market Movers* • Tesla Loses Market Share in Europe for Sixth Straight Month as Competition Grows • Nestle Flags Further Potential Price Hikes as Tariffs, Commodity Costs Weigh on Margins For more details: https://www.rudrashares.com/cef.aspx

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Good Evening  Global News Headlines, Compiled by RUDRA SHARES Wednesday, 23 July 2025 Country & Regional Updates •Kosovo: Trade Gap Widens in June •Nigeria: GDP Grows By 3.13% in Q1 2025 •South Africa: Yields Drop as Inflation Stays Tame •Poland: Jobless Rate Rises in June •Taiwan: Retail Sales Contract for Third Consecutive Month •Taiwan: Industrial Output Eases to 3-Month Low •Turkey: Consumer Confidence Falls to 5-Month Low •Ethiopia: Inflation Slows in June •Dutch: Consumer Mood Improves to 5-Month High •Sri Lanka: Holds Policy Rate at 7.75% Japan & Asia Market Highlights •Japan: 10-Year Yield Jumps on Political Uncertainty •Japan: 10-Year Yield Jumps After US Trade Deal •Japan: Probes Cheap Steel Imports from China, Taiwan •Japan: Auto Stocks Soar on Report of Lower Tariffs — Toyota Jumps Over 15% •Japan Stocks: Jump Over 3% as Trump Announces Trade Deal; Broader Asia Markets Also Rise •BoJ: Signals Caution on Rate Hikes Amid U.S. Tariff Uncertainty US Market Updates •US Mortgage Rates: At 4-Week High – MBA •US Mortgage Applications: Inch Higher •U.S.-China: To Revisit Tariff Deadline in Next Week’s Talks •Dow Futures: Pop More Than 200 Points After Trump Announces Japan Trade Deal European Market Highlights •Italy: Bond Yields Rebound as Trade Hopes Rise •France: Yields Rebound as US-Japan Trade Deal Calms Markets •Germany (Bund): Yields Edge Higher After US-Japan Trade Deal •UK: 10-Year Gilt Yield Rises from 2-Week Low •Europe: New Entrance Fee to Visit Europe Set to Triple, Says European Commission Corporate & Industry Updates •Nokia: Shares Fall 9% After Company Warns Tariffs, Weak Dollar Could Cost Up to $364 Million •SAP: Flags U.S. Trade Slowdown but Says Japan Deal Gives ‘Hope’ •Goldman Sachs & BNY: Join Forces to Transform $7.1 Trillion Money Market Industry with Digital Tokens For more details – www.rudrashares.com/cef.aspx

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