Sweden-based automaker Volvo Cars reported a significant decline in Q2 operating earnings due to a one-off gain in the previous year.
The upcoming retail sales data for Mexico is highly awaited by investors, with experts predicting a potential decrease compared to the previous month. Despite facing challenges, the Mexican consumer showed resilience in driving retail activity, with certain sectors experiencing remarkable growth.
Major cryptocurrencies experienced a decline after the release of positive U.S. economic data.
Tomorrow’s economic data releases provide insights into consumer spending and manufacturing activity, with retail sales showing resilience and industrial production facing some challenges.
China’s second-quarter GDP growth came in below expectations, signaling a shaky recovery since late 2022. The data reveals slower growth rates in key sectors, such as exports, imports, retail sales, and property investment.
