The EU is moving to revive its US trade deal after President Trump backed away from his tariff threat tied to Greenland
This development suggests a potential thaw in US-EU trade relations, with implications for both currency markets, particularly the EUR/USD pair, and broader economic engagement.
Japanese Core Inflation Rate YoY (Dec) Y/Y 2.4% vs. Exp. 2.4% (Prev. 3.0%)
Spanish PM Sanchez says the US is provoking tension in the Transatlantic, EU have the instruments to respond proportionally to coercion
The EU is moving to revive its US trade deal after President Trump backed away from his tariff threat tied to Greenland
China is likely to set 2026 economic growth target between 4.5-5.0%, SCMP reports citing sources
US President Trump says the people who brought the tariff legislation against the US are strongly China-oriented; the US is going so well, giant growth and investment with almost no inflation
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The revival of trade talks could buoy sentiment in equities and commodities, but watch for any counter-reactions if tariffs re-emerge as a point of contention. Overall, this may signal a more stable trade environment moving forward, so it’s worth monitoring related assets closely.
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