Core Viewpoint - The article highlights key economic indicators and events in China and the US, focusing on inflation data, GDP growth, and trade statistics, which are crucial for understanding market trends and potential investment opportunities [4][6][8]. Group 1: Economic Data in China - In June, China's imports decreased by 3.4% year-on-year, while exports increased by 4.8% [2]. - The GDP for the second quarter of 2023 showed a year-on-year growth of 5.4%, with a quarter-on-quarter increase of 1.2% [9]. - The social retail sales in June grew by 6.4%, marking the highest growth since December 2023, driven by policies promoting consumption [14]. - Real estate development investment in the first half of 2023 saw a significant decline of 10.7% [2]. Group 2: Economic Data in the US - The US Consumer Price Index (CPI) for June showed a year-on-year increase of 2.9%, slightly above the previous month's 2.8% [2]. - The Producer Price Index (PPI) for June increased by 2.5% year-on-year, indicating persistent inflationary pressures [3]. - Retail sales in the US experienced a decline in May, with the largest drop since March 2023, primarily due to decreased automobile purchases [21]. Group 3: Key Events and Statements - The US Federal Reserve's Beige Book indicated heightened economic uncertainty due to tariffs, affecting business and consumer decision-making [23]. - Trump's upcoming statement regarding Russia is anticipated to impact market sentiment and geopolitical dynamics [19][20]. - The European Central Bank's inflation data showed a 2% increase in June, aligning with its target and influencing future monetary policy decisions [25].

Learn which countries are among the top 25 economies in the world. The United States has had the largest GDP for over a century, but China's has grown rapidly. https://t.co/szv12kUMLu ...

Many governments advise their citizens against travelling to Congo. The country’s GDP per person is less than $650. Why would it decide to sponsor a wealthy European football team? https://t.co/fjrCDwJFyc ...

Group 1 - Key Point 1: Focus on the economic outlook as Federal Reserve officials, including Waller and Daly, are scheduled to speak on July 11, 2025 [2] - Key Point 2: Key economic data releases from the UK include May GDP, manufacturing output, trade balance, and industrial output, all set to be announced at 14:00 [2] - Key Point 3: France's final CPI for June will be released at 14:45, while Switzerland's consumer confidence index for June will be available at 15:00 [2] Group 2 - Key Point 1: The IEA will publish its monthly oil market report at 16:00, which may provide insights into global oil supply and demand trends [2] - Key Point 2: Canada's employment numbers for June will be released at 20:30, which could impact market sentiment regarding the Canadian economy [2] - Key Point 3: The total number of oil rigs in the US will be reported for the week ending July 11 at 01:00 the following day, indicating activity levels in the oil sector [2]

Economic Overview - Brunei's GDP in Q1 2025 decreased by 1.8% year-on-year, falling from 49.9 billion Brunei dollars to 49.0 billion Brunei dollars [1] - The oil and gas sector declined by 1.5%, while the non-oil and gas sector contracted by 2% [1] Sector Performance - The oil and gas industry's value dropped due to planned maintenance and unexpected equipment repairs, leading to a temporary decrease in natural gas and LNG production [1] - Oil production increased due to higher output from both new and existing oil wells [1] - The non-oil sector's contraction was primarily driven by significant declines in several industries: - Fisheries (-16%) - Other manufacturing (-14.6%) - Medical services (-11%) - Petrochemical manufacturing (-7.8%) - Financial services (-4.3%) - Business services (-4%) [1] Industrial Contribution - In Q1 2025, the industrial sector contributed 58.4% to GDP, the services sector contributed 40.5%, and agriculture, forestry, and fisheries contributed 1.1% [2] - The nominal GDP for the quarter was 48.5 billion Brunei dollars, showing a year-on-year decline [2] - The non-oil sector accounted for 54.2% of GDP, including downstream activities like petrochemical manufacturing, while the oil and gas sector represented 45.8% [2] Expenditure Analysis - The GDP growth rate by expenditure method declined due to a 13.2% contraction in gross capital formation, a 7% decrease in net exports of goods and services, and a 3% reduction in household final consumption expenditure [2] - In contrast, government final consumption increased by 0.8% [2]

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⛓️🌐 @arbitrum One GDP is close to all-time highs.Key takeaway for app developers: you can build a great business on top of Arbitrum. https://t.co/M5I9svwitr ...

Market Trends - Ethereum's top 10 GDP contributors show a structural shift [1] - NFT marketplaces (OpenSea & LooksRare) have been replaced by stablecoin issuers as leading drivers of the Ethereum economy [1]