ASIA/PACIFIC
-In Australia the stock market continued to slide on Friday following a weaker lead from Wall Street.
-Japan’s GDP growth in Q2 revised down to 4.8% on capex fall: World’s 3rd-biggest economy buoyed by exports, but domestic demand stays weak the Nikkei Asia reported.
-Hong Kong’s exchange cancelled trading on Friday after a “black rainstorm” warning as the Asian financial hub saw its heaviest rainfall in 140 years.
EUROPE
-Euro heads for eight-week losing streak as economy falters, the Financial Times reported.
-European natural gas futures surged over 9% on Friday as supply concerns grew amid strikes by LNG workers in Australia.
-Market expectations of ECB hike next week grow.
AMERICAS
-Argentina and China sign natural resources and energy deal, the Rio Times reported.
-Durable and capital goods output in Brazil drop 40% from their highs, according to the stats agency IBGE.
-Stock indices in the U.S. were higher in premarket trade on Friday as investors digested the latest reading of the country’s jobs report, which showed that the number of people applying for jobless claims decreased by 13,000 to 216,000.
AFRICA
–Anglo American subsidiary De Beers said on Friday it is looking to secure a five-year wage deal with South Africa’s National Union of Mineworkers (NUM), with that union considering an offer amid the looming threat of a strike at its Venetia Mine and its sorting and sales business, Fin24 reported.
-Nigeria’s exports to India have plummeted by a staggering 61% over the past year, the latest data from the National Bureau of Statistics (NBS) revealed.
-All Kenyans working abroad will be required to make mandatory contributions to a State welfare scheme if proposals by the Ministry of Labour are approved, Business Daily Africa reported.
MIDDLE EAST
– Oman’s OQ Gas Networks plans Muscat’s biggest IPO in almost two decade, Khaleej Times reported.
– Abu Dhabi Commercial Bank has successfully priced a $650 million green bond, the proceeds of which will be used to finance eligible green assets, it said on Wednesday.
-Iraqi oil flows to Türkiye reportedly not seen resuming before October, local media reported.
