US GDP with Strong Growth - Relatively Consistent Expectations for Further Rate Cuts - SAP and Siemens Weigh on DAX - CoreWeave Expands partnership with OpenAI - Tesla Sales Collapse in Europe - Rumors of Apple Investment in Intel

US Treasuries under pressure – Robust economic data supports yields amidst persistently high interest rates The American government bonds are under selling pressure after new economic data demonstrates the resilience of the world's largest economy against the continued elevated interest rates. The inflation-adjusted GDP records the strongest growth in nearly two years in the second quarter with a revised annual rate of 3.8% – a significant upward revision from the originally reported 3.3%. At the same time , initial claims for unemployment...