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EU Trade Commissioner Sefcovic says we got reassurances from the US on derivates, did speak with USTR Greer twice on Monday and with US Commerce Secretary Lutnick earlier today

Newsquawk Staff ·

EU Trade Commissioner Sefcovic says we got reassurances from the US on derivates, did speak with USTR Greer twice on Monday and with US Commerce Secretary Lutnick earlier today.

What it means

The remarks from EU Trade Commissioner Sefcovic about receiving reassurances from the US on derivatives suggest a potential easing of trade tensions, which could strengthen sentiment around EU-US relations. This development is particularly relevant for the USD and EUR as it may impact cross-border investment flows and currency valuations, signaling a more cooperative environment that could stabilize markets and influence investor sentiment.

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