Trade Performance - Vietnam's July exports increased by 16% year-over-year to $42270 million, exceeding the expected 14% growth [1] - Rice exports reached 782 thousand tons, a 42% year-over-year increase [1] - Coffee exports for the first seven months totaled 1050 thousand tons, up 69% year-over-year [1] - July imports increased by 178% year-over-year, surpassing the anticipated 152% growth [1] Economic Indicators - July's industrial production index rose by 85% year-over-year, compared to 108% in June [1] - Retail sales in July increased by 92% year-over-year, up from 83% in June [1] - July's CPI increased by 319% year-over-year, lower than the 357% increase in June [1]

The soaring rate is based on exports of Trump’s favourite metal https://t.co/n3HMcwnb9j ...

Trade Strategy - South Africa intends to diversify its export markets in response to the US imposing 30% tariffs on its goods [1] Tariffs Impact - Washington's imposition of 30% tariffs on South African goods is expected to negatively impact the nation's exports [1]

Supply Chain & Trade - Top wheat shippers, including Russia, Ukraine, and the European Union, experienced a slow start to the new season [1] - Adverse weather conditions and farmer stockpiling curbed wheat exports [1]

New Zealand will push for a reduction in the 15% tariff rate imposed on exports to the US by President Donald Trump https://t.co/Z9VLPshzZF ...

Hong Kong economy grew faster than expected in the second quarter, riding on strong exports as global companies frontloaded shipments to avoid tariffs. https://t.co/sKfdbLq9zA ...

Trade Relations - Sub-Saharan Africa's manufactured goods exports to the US are limited [1] - Tariffs on African exports to the US are expected to have minimal impact on the continent [1]

Market Risk - India's equities market is at risk of further losses [1] - The US imposed one of the highest tariff rates in Asia on India's exports [1]

German Economy & Sentiment - German economy sentiment is powered by expectations of a deal with the US and reduced uncertainty about tariffs [1] - German government's debt package, including an infrastructure fund and tax incentives, is expected to boost investment [2] - Investment goods producers are showing improved data, indicating a positive impact from domestic factors [2] Trade & Tariffs - A stable 15% tariff deal between Europe and the US would be something German exporters could live with, avoiding a massive negative impact [3][4] - While not ideal for Europe, a 15% tariff deal would be an improvement compared to recent months, given the threat of higher tariffs [5] - Exports will become more difficult compared to the pre-Trump era [4] Investment & CapEx - Changes in tax incentives, prospects of higher infrastructure investment, and increased defense spending are currently driving CapEx [7] - Uncertainty is causing companies to postpone projects; a trade resolution could unlock pent-up CapEx spending into 2026 [6][8] - The reliability of the US government in upholding trade deals remains a key concern for investment decisions [8]

New European Union sanctions on Russia may be the first seeking to punish Moscow by targeting the size of its oil exports and not just the value, writes @JLeeEnergy https://t.co/Jp1TsDiJb1 ...