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Newsquawk @Newsquawk on x 131.4K followers
Created: 2025-07-28 05:17:14 UTC
Morning all!
EU and US agreed on a trade deal with XX% tariffs; EU to buy USD 750bln in US energy, and make USD 600bln in investments.
EC President von der Leyen later confirmed the XX% rate is for a vast majority of EU exports including cars, semiconductors and pharmaceuticals; XX% tariff on steel and aluminium remains.
US and China are expected to extend the trade truce by XX days, according to SCMP.
APAC stocks are mixed with Japan lagging due to political uncertainty, US futures are higher (ES +0.5%), Europe set to open firmer (Eurostoxx XX future +1%).
DXY is steady with FX markets broadly contained, EUR/USD remains on a XXXX handle, USD/JPY failed to hold above the XXX mark.
Looking ahead, highlights include Dallas Fed Manufacturing Business Index, Treasury Financing Estimates, OPEC+ JMMC, US and China talks in Stockholm, supply from the US.
XXXXX engagements
Related Topics china von der coins energy united states dollar tariffs trade deal eu