After Trade Agreement with Japan and EU, August 1 Deadline Becomes Increasingly Irrelevant

Markets European stocks initially welcomed the US-EU 15% trade deal but enthusiasm died out gradually through the session. While avoiding a worst-case no-deal scenario and offering companies something concrete to deal with (ie less uncertainty), extensive talk of a “lopsided” agreement favouring the US began to weigh on sentiment. The French PM Bayrou said it […]

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