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EU Commission has outlined a potential compromise to break the EU-US trade deal deadlock, with specific reference to the sunrise clause, Politico reports

The EU Commission's move to propose a compromise regarding the US-EU trade deal signifies a potential thaw in relations that has been causing economic friction.

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French Unemployment Rate (Q1) 8.1% vs. Exp. 7.8% (Prev. 7.9%, Low. 7.7%, High. 7.9%)

Newsquawk Daily European Opening News - 13th May 2026

EU Commission has outlined a potential compromise to break the EU-US trade deal deadlock, with specific reference to the sunrise clause, Politico reports

Isuzu Motors (7202 JT) FY (JPY) net 134.9bln (prev. 140.1bln Y/Y), rev. 3.48tln (prev. 3.24tln Y/Y)

Siemens (SIE GY) Q2 (EUR) Revenue 19.8bln (exp. 20.1bln), Orders 24.11bln (exp. 22.6bln), Net Income 2.24bln, -8.3% Y/Y. Co. announces up to EUR 6bln share buyback for up to 5 years; confirms FY26 outlook

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This could impact currency pairs, particularly USD/EUR and USD/GBP, as traders reassess risk perceptions and potential trade flows. Watch for market volatility as news develops around this negotiation, particularly in forex and affected commodities.

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