European Parliament International Trade Committee Chair Lange says no decision on US-EU trade agreement vote; decision on moving ahead with US trade agreement delayed until February 4th

The delay in the decision regarding the US-EU trade agreement could introduce uncertainty in trade relations between these regions, affecting market sentiment.

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European Parliament International Trade Committee Chair Lange says no decision on US-EU trade agreement vote; decision on moving ahead with US trade agreement delayed until February 4th

US sells USD 89bln in 3-mnth bills at 3.580%, covered 2.90x; sells USD 77bln of 6-mnth bills at 3.525%, covered 3.07x

European Closes: Euro Stoxx 50 +0.12% at 5,955, Dax 40 +0.20% at 24,950, FTSE 100 +0.05% at 10,149, CAC 40 -0.15% at 8,131, FTSE MIB +0.26% at 44,950, IBEX 35 +0.78% at 17,681, PSI +0.23% at 8,577, SMI +0.04% at 13,132, AEX -0.14% at 999

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It may signal that negotiations are still contentious, which could keep tariffs and trade barriers in play longer than previously anticipated. Traders should watch for implications on currencies and sectors sensitive to trade policies, particularly those tied to transatlantic markets.

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