Eurostixx futures +0.5% in early European trading

US tariffs hit EU, Japan, SK 15-20%. Sony profits up 23% despite trade war fears. India faces 50% tariffs.

Even if you take the less volatile three-month comparison, production dropped by 1.0% in Q2 2025. That marks the steepest decline in output since the first half of 2020. Struggle.

Destatis says the sharp revision lower in May owes to corrective reports from some companies in the auto industry. And if you exclude energy and construction, German industrial output actually fell 2.8% m/m in June.

Terrible German industrial output number for June (-1.9% m/m). And it is made worse by a massive downside revision to May (from +1.2% to -0.1% m/m). Manufacturing production is now at its weakest since May 2020, during the Covid pandemic. Pain.

UK's sandwich generation faces pension squeeze; state pension age may rise, impacting savings. 51-year-olds could lose £17.8k.

US tariffs hit 10%+, raising costs 40% on apparel. Traders eye stagflation risks as economy sputters.

Asian shares mostly up despite US tariffs. Apple surges 5.1% on $100B US investment, TSMC jumps 4.9%. Chipmakers gain on exemptions.