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Economic News August 2, 2025 — US Labor Market, Trade Truce, Amazon and Samsung Reports

... companies) and lessened concerns about US tariffs. Indices in France and Italy grew more modestly as local investors assessed the risks of a slowdown in the Chinese economy—a significant market for European luxury goods and industrial equipment. In the UK, the FTSE 100 also ended the week with slight growth; sentiment was influenced by expectations of the Bank of England’s decision: next week the regulator may raise rates again from the current 5.50% to 5.75-6% in a bid to tame persistent inflation ...