Real Vision: Finance & Investing

US-Canada Trade Hopes, Weak German Retail Data, and UK Income Squeeze: PALvatar Market Recap, June 30 2025

Jul 3, 2025
Explore the renewed optimism in US-Canada trade talks as Canada removes its digital tax. Dive into Japan's disappointing factory output contrasted with China's modest services growth. Discover the surprising dip in German retail sales amid rising Eurozone borrowing. In the UK, while Q1 GDP shows strength, households face a severe income squeeze. Join for a lively discussion of these key market trends impacting global economics!
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INSIGHT

US-Canada Trade Optimism Rises

  • US-Canada trade optimism rises after Canada abandons its digital tax on US tech firms.
  • This could lead to a trade deal before the July 9 deadline, boosting market confidence.
INSIGHT

Japan Slows, China Grows Mildly

  • Japan’s factory output rose 0.5% in May, well below the 3.5% expected.
  • China’s non-manufacturing PMI showed mild expansion at 50.5, indicating service sector growth.
INSIGHT

Eurozone Borrowing Up, Confidence Shaky

  • Eurozone households borrow at highest rate in a year despite lingering consumer uncertainty.
  • German retail sales fell 1.6% in May, dashing hopes for sustained Q2 growth.
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