World shares are showing an upward trend following a decline in most U.S. stocks. The S&P 500 futures increased by 0.2% and Dow Jones Industrial Average futures by 0.8%. Oil prices have decreased. Germany's Dax and the CAC 40 in Paris saw gains, while Britain's FTSE 100 saw a minor decline. China's economy is under pressure from higher U.S. tariffs, with retail sales growth decreasing and investments in fixed assets slowing down. Uncertainty regarding tariffs on exports persists, while Japan's Nikkei 225 improved after better-than-expected growth in the economy.
World shares are generally higher after most stocks on Wall Street fell following a disappointing report that said inflation was worse last month at the U.S. wholesale level than economists had expected.
Chinese economic activity slowed across the board in July, with retail sales, fixed asset investment, and value added of industry growth all reaching the lowest levels of the year.
Uncertainty over tariffs on exports to the United States is still looming over manufacturers after President Donald Trump extended a pause in sharp hikes in import duties for 90 days.
After a strong start, several months of cooling momentum suggest that the economy may need further policy support.
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