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Global News
13/08/2025
Good Evening
Global News Headline, Compiled by *RUDRA SHARES*
Wednesday, 13 August 2025
*Poland*
•Posts first trade surplus in 14 months.
•Current account swings to surplus.
*Kazakhstan*
•Jobless rate holds steady at 4.6% in Q2.
*South Africa*
•Retail sales growth slows in June.
•Business confidence up to 4-month high: SACCI.
*United States*
•Mortgage applications surge the most in 2 months.
•U.S., China prepare for new trade dialogue.
•Trump considering 11 candidates for Fed chair, including David Zervos and Rick Rieder.
•Trump threatens Powell; Musk’s App Store allegations, Cava earnings, and more in Morning Squawk.
•Trump tells Goldman Sachs CEO David Solomon to replace bank’s economist over tariff predictions.
*India*
•10-year yield surges on outlook of higher bond supply.
•Consumer inflation slows for ninth straight month — hits lowest since 2017.
*Israel*
•Trade deficit widens sharply in July.
*China*
•New yuan loans shrink for first time since 2005.
•Bans two EU banks in retaliation for sanctions.
•Hits Canadian goods with tariffs after Ottawa’s steel move.
•Says it ‘drove away’ U.S. warship near disputed Scarborough Shoal.
*Czech Republic*
•Current account deficit widens in June.
*Lithuania*
•Current account surplus hits over 4-year high.
*Spain*
•Inflation rate confirmed at 5-month high of 2.7%.
*Norway*
•Consumer confidence less negative in Q3.
*Japan*
•Machine tool orders rebound in July.
•10-year yield rises on risk-on mood.
•Nikkei 225 hits fresh high as Asia markets track Wall Street gains on Fed rate-cut hopes.
*Germany*
•Inflation rate confirmed steady at 2%.
*Jordan*
•Inflation rate at 4-month low of 1.68%.
*Ethiopia*
•Inflation eases to 4-month low.
*Global/Regional*
•European stocks extend gains after Wall Street’s record highs.
•Chinese tech giant Tencent’s revenue jumps 15% in Q2 as AI investments boost growth.
•Temperature records smashed as extreme heat, wildfires grip parts of Europe.
•Crypto exchange Bullish prices IPO at $37 per share, above expected range, ahead of NYSE debut.
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