September 8th, 2025

#Kapital #DailyBrief ✅ In China, export growth in August was the weakest in six months amid rising tariff risks with the United States. ✅ In July, German exports fell 0.6% y/y, including a 7.9% m/m drop to the U.S. However, German industrial production rose 1.3% m/m, extending signs of a cyclical recovery. ✅ The presidents of China and Russia confirmed their participation in the BRICS Summit to be held in Brazil this year, in an effort to strengthen multilateral cooperation amid growing tensions with the U.S.