Germany, the leading European economy, remained in the dumps in the April-June quarter
Chinese markets have not shown much enthusiasm for the policies outlined in recent weeks
Rate cuts typically lower borrowing costs for mortgages, auto loans and credit cards
It's the biggest rate cut since the country was slammed by the Covid-19 pandemic in 2020
The country's GDP picked up between April and June: report
Continuing claims have been on the rise in recent months
The country released a 50-page roadmap and cut key interest rates Monday
Economists expect another rate cut could be in store
While the U.S. labour market remains historically healthy, recent data suggest some weakening
Report comes amid upheaval in retail landscape