#MarketNews

☀️ Happy Wednesday, dear traders! Today, July 24, we're bringing you the day's most thrilling news highlights:

🇯🇵Japan's economy is showing mixed signals, with a rise in service sector PMI to 53.9 and a contraction in manufacturing activity to 49.2 ahead of the BOJ meeting.

🇨🇳 Goldman Sachs reports that China is likely conserving fiscal resources to mitigate potential economic fallout if Donald Trump, who has threatened 60% tariffs on Chinese imports, wins the US presidency​.

🇨🇦 The Bank of Canada is expected to cut interest rates for a second consecutive meeting to 4.5% to avoid a recession while managing inflation risks.

🚗 Tesla reported its fourth consecutive quarter of disappointing profits at $0.52 per share, with revenue at $25.5 billion and #TESLA shares dropping 8%. CEO Elon Musk urges patience as new products are delayed.

📊 Google reported Q2 earnings of $1.89 per share on $84.74 billion revenue, beating estimates, but YouTube ad revenue fell short. #GOOGLE stock is up 0.14%

🧡 Orange SA reported a 0.9% rise in Q2 revenue to €9.99 billion after resisting price cuts. French revenue gained 0.3%. Shares of #ORA rose 1.54 %.

🇩🇪 Deutsche Bank posted its first loss in four years, with a net loss of €143 million in Q2 after setting aside €1.3 billion for a lawsuit over its Postbank acquisition​​​​. #DBK stock is down 7.22%.

☄️ African nations, including South Sudan, Zimbabwe, and Nigeria, are increasing their gold reserves to protect against currency losses amid rising geopolitical tensions.

That's it for today, guys! Click on 👍if you liked our review, and see you soon!

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