European countries should do everything they can to avoid a trade war with the US, said Italian Prime Minister Giorgia Meloni.

Looming U.S. tariffs, together with a real estate market slump feeding into weakening consumer confidence, saw China's GDP growth slow in the second quarter.

The rate, which slightly exceeded the 5.1 per cent average estimate from analysts polled by Reuters, positions Beijing to hit its full-year target of about 5 per cent. It shows how China has been able to keep growth on track through exports and investment even as it struggles with weak demand at home.

Home sales in Canada rose for a second straight month, reflecting a boost in buyer confidence as the economy appeared to shrug off the impact of US tariffs.

Manufacturers and importers are storing more product in foreign trade zones and bonded warehouses to avoid Trump’s tariffs and preserve cash.

In addition to capping your car payments at about 15% of your monthly take-home, financial experts also recommend shoppers aim for a 20% down payment, a 36- to 48-month loan term, and expenses (including insurance) at between 8% and 10% of your gross monthly income.

This edition of Data Spotlight focuses on combining revenue breakdowns with holdings to assess trade exposure, using news sentiment plus tick data for trading, and leveraging OHLC timing to capture price shifts.

Recent headlines including President Trump's 50% tariff on copper and the Pentagon's deal to buy a stake in rare earth elements miner MP Materials highlight the importance of the metals market in the trade war.