INT
Steady growth in Japan should support more rate rises
Services activity edged down in June but GDP improved in the second quarter, with all major drivers strengthening
JapanUS data signals slow, steady rate cuts starting soon
Retail sales rose strongly in July and unemployment claims edged lower at the start of August but inflation is easing
United StatesAI investments will take years to pay off
Over USD1tn has been invested in AI with the intention of lifting productivity
InternationalRussian phishing campaigns grow more sophisticated
Kremlin-backed hackers are targeting dissidents in an elaborate phishing campaign
RussiaSoft Chinese activity prompts calls for more stimulus
Retail sales edged up to 2.7% growth but investment and industrial output slowed slightly and unemployment picked up
ChinaUK economy is on track for a steady recovery
GDP is growing relatively solidly, keeping the economy on track for growth of 1.0% or more
United KingdomDigital services trade growth will widen inequalities
Digital services trade is outgrowing other trade categories but -- raising inequality concerns -- is highly concentrated
InternationalCyberattacks targeting US elections will intensify
Suspected hacks of US presidential campaigns are under investigation
United States
