economic data let's start in russia where the molex it's up for the week this is despite breaking a streak of about 10 consecutive days of gains earlier the week now the ruble rebounded after facing a 2 month. lows against the u.s. dollar oil prices are also propping things up as prices rose after a drop in u.s. crude inventory let's move to asian markets the shanghai composite in the green and it actually rose on better than expected factory production in china the index gain nearly 11 percent in the month of july whose was its biggest gain since february of 2019 in hong kong the hang seng it slipped for the week eyes on economic data out of the us but there were some pretty bright spots as the tech sector saw some pretty big gains throughout the week the overall index posted back to back monthly gains for both june and july in japan the nikkei it's actually down for the week soft bank dropped nearly 4 percent on friday alone shares of fujifilm saw a bump earlier this week u.s. president donald trump well he announced the company had been awarded a $265000000.00 contract to manufacture a

in russia the molex is up for the week after the nation pushed out its kovan 1000 vaccine but also russian oil exports to the united states actually doubled in the 1st half of 2020 this was despite demand issues due to the pandemic let's move to asian markets where we're seeing more green arrows the shanghai composite finished the week just above consumer shares lead gains at the end of the week even though china's retail sales for july they actually fell slightly from the prior year missing analyst expectations and hong kong the hang seng rebounded after 4 straight weeks of losses chinese industrial output jumped 4.8 percent which helped that push banking real estate and airlines also helped with some of those gains in japan the nikkei is also up pushing 6 month highs this week real estate railway and bus shares will they all saw some pretty strong gains and we see our 1st red arrow of the week in india where the sensex actually fell over one percent on friday alone auto and fred. dragged down by index now in australia the a.s.x. is up for the week the country reported a 22 year high unem

china relations starting in russia where the molex is down for the week this is despite russian president vladimir putin's statement that the worst of the country's economic strain from kovan 1000 is over moving over to asian markets the shanghai composite up for the week on positive data on the economic recovery well china's industrial output. point 6 percent year over year for the month of july compared to 11 and a half percent in june and hong kong the hong saying is just slightly above flat for the week electronics giant shield me gained 12 percent on thursday alone after reporting profits more than doubled in the 2nd quarter in japan the nikkei ended slightly in the red it shouted nearly 1.5 percent on friday this was obviously after the news of prime minister shinzo all be announcing his plans to resign over his health concerns in india the sensex finished up this week well thanks continue to push the index up and reliance industries also helped some of those gains in australia be a.s.x. it's down on the week an increase of covert $1000.00 cases in the state of victoria weighed on t