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Earlier this week we dug into the EU-US trade deal, a deal that many Europeans feel is a humiliation and a surrender. As the dust settles around the details of this agreement, Thanos Davelis brings on Yiannis Mouzakis, the co-founder and editor of Macropolis.gr - a political and economic analysis site that focuses on Greece, to take a closer look at what this deal could mean for Greece.You can read the articles we discuss on our podcast here:Greece digests EU-US trade deal amid mixed reactionFirst foreign universities to be approvedTurkey government 'manufactures' enemies, opposition tells AFP
President Trump says imports from Brazil will face a 50% tariff from next week. But why did key Brazilian exports get a pass?Also, dissent at America's central bank, but the Federal Reserve has kept interest rates unchanged. And what does Europe's pharmaceutical industry think of the EU-US trade deal? Ed Butler hears from the head of Germany's leading pharma association.
Earlier this month about 30 Kurdish PKK fighters put their assault rifles in a cauldron and set them on fire, a symbolic move after Abdullah Ocalan, the PKK's imprisoned leader, issued a call for the PKK to lay down its arms. Thanos Davelis is joined by Piotr Zalewski, The Economist's Turkey correspondent, as we look into whether Kurds and Turks, after more than four decades of conflict, are closer than ever to peace. You can read the articles we discuss on our podcast here:Kurds and Turks are closer than ever to peacePeace in Turkey must not become a smokescreen for repressionAwaiting the details of the EU-US trade dealMPs vote to probe subsidies scandal
A trade deal reached on Sunday between the United States and the European Union has sparked controversy among European officials, businesspeople and analysts — despite both sides hailing it as a step toward restoring "trade balance "and promoting fairer commerce.美国和欧盟周日达成的一项贸易协议在欧洲官员、商界人士和分析人士中引发了争议,尽管双方都称赞这是恢复“贸易平衡”和促进更公平商业的一步。At the heart of the debate is the deal's asymmetry: The US will lower tariffs on EU goods to 15 percent, while the EU has agreed not to impose additional tariffs on US products.争论的核心是该协议的不对称性:美国将把欧盟商品的关税降至15%,而欧盟已同意不对美国产品征收额外关税。French Minister for European Affairs Benjamin Haddad described the agreement as "unbalanced", though he acknowledged it would "bring temporary stability to economic actors threatened by the escalation of American tariffs".法国欧洲事务部长本杰明·哈达德称该协议“不平衡”,尽管他承认该协议将“为受美国关税升级威胁的经济行为体带来暂时的稳定”。German Chancellor Friedrich Merz said, "We have thus managed to preserve our fundamental interests, even if I would have wished for more relief in trans-Atlantic trade."德国总理弗里德里希·默茨说:“因此,我们设法维护了我们的根本利益,即使我希望在跨大西洋贸易中得到更多缓解。”Italy's Prime Minister Giorgia Meloni said the agreement "ensures stability" and that the 15 percent tariff level is "sustainable", especially if it is not added to previous duties.意大利总理Giorgia Meloni表示,该协议“确保了稳定”,15%的关税水平是“可持续的”,特别是如果不将其添加到以前的关税中。Olivier Blanchard, a Robert Solow professor of economics emeritus at the Massachusetts Institute of Technology, called the agreement "completely unequal", saying the "asymmetric 15 percent tariffs are an EU defeat".麻省理工学院Robert Solow经济学荣誉退休教授Olivier Blanchard称该协议“完全不平等”,称“不对称的15%关税是欧盟的失败”。"When the law of the jungle prevails, the weak have little choice than to accept their fate," he wrote on X. "But Europe could potentially have been strong, either alone or in a coalition with others. It would have had to be ready for stormy waters. But it would have gotten a better deal in the end and sent a strong message to the world. An opportunity lost."“当丛林法则盛行时,弱者别无选择,只能接受自己的命运,”他在X上写道。“但欧洲本可以强大,无论是单独还是与其他国家结盟。它必须为风暴做好准备。但最终它会得到更好的协议,并向世界发出强烈的信息。失去了一个机会。”Bernard Dewit, chairman of the Belgian-Chinese Chamber of Commerce, voiced concern over the 15 percent baseline US tariff on EU goods, "particularly in light of Europe's broader economic and trade interests".比利时中国商会主席Bernard Dewit对美国对欧盟商品征收15%的基准关税表示担忧,“特别是考虑到欧洲更广泛的经济和贸易利益”。"Such a move risks escalating trans-Atlantic trade tensions and could undermine the stability and predictability that European businesses rely on," he told China Daily.他告诉《中国日报》:“此举有可能加剧跨大西洋贸易紧张局势,并可能破坏欧洲企业所依赖的稳定性和可预测性。”。"European exporters, including many in Belgium, operate in highly integrated global supply chains. The imposition of a blanket tariff will inevitably increase costs, reduce competitiveness and possibly prompt retaliatory measures — ultimately hurting consumers and small- and medium-sized enterprises on both sides of the Atlantic."“欧洲出口商,包括比利时的许多出口商,在高度一体化的全球供应链中运营。征收一揽子关税将不可避免地增加成本,降低竞争力,并可能引发报复措施,最终损害大西洋两岸的消费者和中小型企业。”Dewit urged Europe to further diversify its trade relationships. "Strengthening ties with dynamic markets such as China, ASEAN, and Africa becomes increasingly strategic," he said.德维特敦促欧洲进一步实现贸易关系多样化。他说:“加强与中国、东盟和非洲等充满活力的市场的联系变得越来越具有战略意义。”。Bernd Lange, chair of the European Parliament's Committee on International Trade, described the US-EU deal as "lopsided".欧洲议会国际贸易委员会主席贝恩德·兰格将美欧协议描述为“一边倒”。"My first assessment: not satisfactory," he wrote on X. "Concessions have clearly been made that are difficult to accept. Deal with significant imbalance."“我的第一个评估是:不令人满意,”他在X上写道。“显然已经做出了难以接受的让步。处理严重的不平衡。”According to the published details of the agreement, the EU has pledged to purchase $750 billion worth of US energy and commit an additional $600 billion in US investments.根据已公布的协议细节,欧盟已承诺购买价值7500亿美元的美国能源,并承诺向美国额外投资6000亿美元。The scale of the deal has left many European analysts stunned. Qin Yan, a principal analyst at ClearBlue Markets in Norway, told China Daily that every energy market expert she is talking with is busy calculating how much US energy the EU would need to buy to reach such a harsh number.这笔交易的规模让许多欧洲分析人士感到震惊。挪威ClearBlue Markets的首席分析师秦燕告诉《中国日报》,与她交谈的每一位能源市场专家都在忙着计算欧盟需要购买多少美国能源才能达到如此苛刻的数字。Clyde Russell, an Asia commodities and energy columnist for Reuters, noted: "Putting together the value of EU imports of US crude oil, LNG and metallurgical coal gives a 2024 total of around $64.55 billion.路透社亚洲大宗商品和能源专栏作家Clyde Russell指出:“将欧盟进口的美国原油、液化天然气和冶金煤的价值加起来,2024年的总价值约为645.5亿美元。"This is about 26 percent of the $250 billion the EU is supposed to spend on US energy a year under the framework agreement."“这大约是欧盟根据框架协议每年应在美国能源上花费2500亿美元的26%。”Qin likened the deal to "visiting a small cafe around the street corner and booking a banquet big enough for 1,000 tables of guests".秦将这笔交易比作“参观街角的一家小咖啡馆,预订一场足以容纳1000桌客人的宴会”。"My concern is that the commitment to US energy purchases should not undermine the EU's climate goal," she said.她说:“我担心的是,美国购买能源的承诺不应破坏欧盟的气候目标。”。lopsidedn.不平衡,/ˌlɒpˈsaɪdɪd/baselinen.基础/ˈbeɪslaɪn/
Poolbeg Pharma, named after the infamous Red & white towers has been working on some very exciting new ideas including a new cancer immunity drug and a potential weight loss tablet. But most early drug developments fail to make it to the final round of testing on humans because it's so risky and so expensive. And what does a pharma company like Poolbeg make of the EU-US trade deal with its 15% tariffs thus far? Jeremy Skillington, is the chief executive of Poolbeg pharma and joined Joe Lynam on the show this morning.
This week host Ciarán Hancock is joined in studio by economist and Irish Times contributor John FitzGerald. He gives his reaction to the EU-US trade deal that will see a 15% tariff rate on European imports going into the US, a deal that he feels the EU had agreed to with ‘two hands tied behind its back' on account of its continued reliance on the US when it comes to the war in Ukraine.Also, ahead of Budget 2026 John outlines the need for the Government to stop pumping money into a booming economy and focus on making space for much-needed infrastructure. He feels we are inflating the economy when we should be cutting expenditure or raising taxes, neither of which would be politically popular.Produced by John Casey with JJ Vernon on sound. Hosted on Acast. See acast.com/privacy for more information.
Not so fast! We unpack the surprise EU-US trade deal that has everyone shouting sellout but we see it differently. In this episode, we take a deeper look at what really went down in the Trump-triggered tariff negotiations. The headlines scream defeat: Europe folds, Trump wins, 15% tariffs slapped on all EU goods while the US gets full access to the European market. But is that the full story? We break it down, the EU runs a $200 billion trade surplus with the US. So why would they agree to this? Because sometimes in poker, the smartest move is folding a bad hand to fight another day. We also lift the lid on the civil war brewing within Europe: the Commission vs. the member states, nationalism vs. federalism, free trade idealism vs. geopolitical realism. Germany wants to protect its cars. France its booze. Ireland? Our pharma sector's now hanging in the balance. We talk street-fighting Trump vs. rulebook Europe, why this deal might actually be good news for investment in Ireland. Hosted on Acast. See acast.com/privacy for more information.
Today, we look at the downdraft in the euro and European stocks yesterday and wonder if this is merely a kneejerk reaction to the EU-US trade deal or the start of something bigger. We also run down a few big movers in the US yesterday as the AI theme remains strong in the "shovel" space in AI (those who make the hardware driving AI data centers). Finally, we use Visa's valuation to demonstrate the rich valuation in US equities, look at levels for major Euro crosses and gold and silver, break down the US macro data up today and more. Today's pod hosted by John J. Hardy, Saxo Global Head of Macro Strategy. Link to John's substack for more links to Saxo and other content. Read daily in-depth market updates from the Saxo Market Call and the Saxo Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo.
Rudyard and Andrew start the show assessing Trump's new trade deal with the EU: no relief on tariffs, carve outs that favour the US, and uncertainty for Europe down the road. Why did European Commission President Ursula von der Leyen agree to this deal? Why aren't all countries currently negotiating with the US working together to create a united front? And does the EU's deal provide a window into what Canada can expect from its own trade negotiations with the US? Trump is committed to tariffs and we need to accept this will be part of any future deal. And while we might not have yet seen the effects of tariffs on the price of consumer goods, we will soon as companies accept that this is a long term economic reality. Rudyard and Andrew then turn to supply management, a flawed policy issue that the Canadian government refuses to address. Why are we upholding a redistribution of wealth which benefits an affluent business community at the expense of the country's poor? Click here to purchase Andrew's new bestselling book, The Crisis of Canadian Democracy.
Monocle’s Paris bureau chief, Simon Bouvier, and foreign editor, Alexis Self, discuss France and Germany’s dissent to the EU-US trade deal, calling it an act of “submission”. Plus: Japanese pictograms take London.See omnystudio.com/listener for privacy information.
Reaction to the EU-US Trade Deal that will see the introduction of tariffs. Former US president Barack Obama and his wife have been invited to accept their Freedom of the City of Dublin. It has been announced that synthetic cannabinoid HHC or Hexahydrocannabinol has been classified as an illegal drug.
Nach monatelangem Tauziehen haben sich die USA und die EU in letzter Minute auf einen Handelsdeal geeinigt. Der asymmetrische Kompromiss sorgt für Zündstoff: Die einen sprechen von einer Demütigung Europas, die anderen sehen darin eine realistische Standortbestimmung – und einen Weckruf. Die beiden Wirtschaftsjournalisten Dietmar Deffner und Holger Zschäpitz analysieren die Details, diskutieren die wirtschaftlichen und politischen Folgen – und erklären, wer wirklich profitiert und wer verliert. Weitere Themen: - Bis zu zwei Millionen Prozent – diese 13 Aktien profitieren vom doppelten Zinseszinseffekt - Kommunikationsdienste-Anbieter mit Rüstungsfantasie – diese Ösi-Aktie rockt die Märkte - Vergütung der Dax-CEOs auf neuem Höchststand – ob die Saläre der Top-Manager gerechtfertigt sind - Dividendenstarker Spezialchemie-Anbieter – welche MDax-Aktie sich verdoppeln könnte DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Produktion: Serdar Deniz Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html
In today's episode, we cover Trump's visit to Scotland, Germany and France's reactions to the EU-US trade deal, the US blocking Taiwan's president from a stopover in New York, and the UK's emergency cabinet meeting on Palestine.Watch TLDR's latest videos here (YouTube):https://youtu.be/273tgA0UdB8?si=iFAH9FN90JAQ2dgm https://youtu.be/AeI4C7StAk8?si=71wZsb3XqWMEMr6F TLDR's Daily Briefing is a roundup of the day's most important news stories from around the world. But we don't just tell you what's happening, we explain it: making complex topics simple to understand. Listen to the Daily Briefing for your global news bulletin every weekday.Pre-order the next edition of Too Long, TLDR's print magazine, here: https://toolong.news/dailyProduced and edited by Scarlett WatchornHosted by Georgina FindlayWritten by Ben Blissett, Georgina Findlay and Gabe Kirkham-JosephMusic by Epidemic Sound: http://epidemicsound.com/creator//////////////////////////////Sources:✍️ Trump in Scotlandhttps://www.theguardian.com/us-news/2025/jul/28/key-takeaways-donald-trump-keir-starmer-press-q-and-a-turnberry-scotlandhttps://www.bbc.co.uk/news/articles/cdrkj4nvy22ohttps://www.bbc.co.uk/news/articles/cx2q5pwzz1yohttps://www.bbc.co.uk/news/articles/cy8g8w431wyohttps://edition.cnn.com/2025/07/27/business/trump-scotland-business-cryptohttps://www.bbc.co.uk/news/articles/cgmw03e9423ohttps://www.thetimes.com/uk/politics/article/farage-khan-and-lady-starmer-trumps-chaotic-press-conference-h5tzl53x9✍️ Germany & France Criticise EU-US Trade Dealhttps://on.ft.com/3IKezXL ✍️ US Blocks Taiwan's President from Stopover in New Yorkhttps://on.ft.com/3J6Arwk https://www.newsweek.com/taiwan-president-donald-trump-stopover-china-trade-2105405 ✍️ Keir Starmer Calls Emergency Cabinet Meeting about Gaza Crisishttps://on.ft.com/473GjQT https://www.theguardian.com/politics/2025/jul/27/keir-starmer-to-recall-cabinet-for-emergency-meeting-on-gaza-crisisSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Olof Gill, European Commission Spokesperson on Trade, on the EU-US trade deal.
Holger Gorg, Professor in International Trade at Keil Institute for the World Economy in Germany, analyses the potential impact of the new EU-US trade deal
European bourses are broadly in the green, alongside strength in US futures ahead of a busy earnings slate.USD is firmer, EUR/USD's descent continues as markets digest the EU-US trade agreement.USTs await data and a 7yr auction, Bunds are on the backfoot giving back some of the prior day's upside.Crude resumes upside while metals are hampered by the Dollar.Looking ahead, highlights include US JOLTS Job Openings, Advance Goods Trade Balance, Wholesale Inventories Advance, Consumer Confidence, Dallas Fed Services Revenues, Atlanta Fed GDPNow, ECB SCE, Supply from the US, Earnings from Kering, Banca Generali, Terna, Grifols, Visa, Marathon Digital, Starbucks, Booking, UnitedHealth, Sofi, Paypal, UPS, Spotify, Merck, Nucor, JetBlue, Procter & Gamble.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
The framework trade agreement which the United States and the European Union signed on Sunday is worse than the trade deal that the United Kingdom reached with the US earlier, Hungarian Prime Minister Viktor Orbán has said. It introduces a 15% import tariff on most EU goods being exported to the US, which is half the 30% rate US President Donald Trump had threatened. This baseline tariff will apply across the board, including for Europe's crucial car manufacturing sector, pharmaceuticals, and semiconductors. To discuss this further, Derrick Lynch was joined by Tommy Corbett, Financial expert at Carey Corbett Financial Solutions.
A 15% EU-US tariff deal is preferable to a “ruinous” trade war, according to the Taoiseach, as talks continue on the finer details, including potential exemptions for key sectors. Will pharma be among them? Joining Shane Coleman was Cathal Friel, Chairman and co-founder Poolbeg Pharma.
IMPORTANT: remember, our content is moving away from YouTube and across to Flux.Live as of next week, so make sure to checkout our comprehensive news website for your daily energy news.In the final episode of the Flux News Show, before we move our shows across to Flux.live, Group CEO Greg Newman, Harry Campion-Evans from Onyx Markets and Geek in the Seat, Martha Dowding, dive deep into a cooling global oil market where volatility has dried up and traders are left waiting for a catalyst.They explore technical signals like Bollinger Band pinches, why Brent keeps hitting resistance at $70/bbl, and how options and volumes are painting a muted picture. Plus, a deep look at EU-US energy trade deals, refinery impacts from China to the North Sea, and the surprising fallout from a glut of high-sulphur fuel in Asia. Whether you're tracking cracks, spreads, or the macro grind, this one's for you.Topics include:Why volatility is collapsing across energy marketsBrent/Dubai spread moves and what they signalUS LNG expansion and EU energy security playsThe reshuffling of refinery flows and trade arbitrageTotal's Q2 earnings slump and the underestimated power of trading desksWhy Japan's power futures surge matters, and who's cashing in Please note, this episode was recorded at 9am BST on 29th July, 2025.Chapters for this episode are:0:28 Introduction1:29 Temperature Gauge: Your Pulse on the Market 7:00 Herd Mentality: What's Driving the Market?15:11 The Officials - The Technical Breakdown21:13 Macro Mayhem: Macro Market News40:11 Crack Spread Chronicles: Refinery Margins41:34 Gold Rush: Where Traders Struck Big!43:54 Widow Maker: The Market's Biggest Trading Losses51:47 Crystal Ball: Trade Ideas & Forward-Looking Analysis
The much talked about planning exemption for cabins or modular homes in back gardens will head to Cabinet today ahead of a public consultation on the proposal. Conor Skehan, Sunday Independent Columnist and Seán Defoe, Political Correspondent brings us the full details of that and other items going to Cabinet today, including confusion over the EU-US tariff agreement.
A 15% EU-US tariff deal is preferable to a “ruinous” trade war, according to the Taoiseach, as talks continue on the finer details, including potential exemptions for key sectors. Will pharma be among them? Joining Shane Coleman was Cathal Friel, Chairman and co-founder Poolbeg Pharma.
On The Tonight Show with Kieran Cuddihy:The government seeks to overhaul planning laws in order to boost housing supply, but should garden cabins really be exempt? Plus, Europe capitulates to Trump over tariffs, but what does the trade deal mean for budget planning and Irish jobs? And should the Irish hospitality sector still get its tax cut?
The permanent closure of Sabic's cracker and other facilities at Wilton, UK, shows how tough conditions are in Europe with recyclers also feeling the pinch. - Closure of UK polymer recycling facilities has been a shock to the industry- European recyclers find it hard to compete against imports, more support for local recycling needed - Regulations are helping recycling sector, but more action needed- Outlook for Europe recycling more positive than for base chemicals- Chemical plant closures remove good quality jobs which are tough to replace- Wilton, UK site is perfect for development of circular economy- EU-US 15% tariff deal removes threat of 30% but many questions remainIn this ICIS Think Tank podcast, Will Beacham interviews James McLeary, managing director for Biffa Polymers and ICIS Insight Editor Tom Brown.
Over the weekend, President Trump announced a new trade deal with the EU: 15% tariffs on most goods in exchange for the EU's promise to purchase U.S. energy. But a court case brought by a group of small businesses could derail Trump's tariff agenda. We'll explain what's at stake. Plus, a reminder to get outside and enjoy what nature has to offer. (But stay cool!)Here's everything we talked about today:"EU-US tariffs: five key takeaways from the trade deal" from The Guardian"US and EU reach tariff agreement" from “Marketplace Morning Report” "EU's pledge for $250 billion of US energy imports is delusional" from Reuters "Japan Expects Only 1-2% of $550 Billion US Fund to Be Investment" from Bloomberg"Trump's economy faces historic week on interest rates, trade, jobs and more" from Axios"Trump's trade deals and tariffs are on the chopping block in court. What happens next" from CNBC"Texas buys land for new state parks that will be developed using $1 billion voter-approved fund" from The Texas Tribune "A 100-year-old on a bike? Yes. ‘The right to wind in your hair'" from The Washington Post We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
On the DSR Daily for Monday, we break down the EU/US trade deal, the ceasefire between Thailand and Cambodia, Democrats' plan to combat Texas redistricting, and more. Learn more about your ad choices. Visit megaphone.fm/adchoices
Over the weekend, President Trump announced a new trade deal with the EU: 15% tariffs on most goods in exchange for the EU's promise to purchase U.S. energy. But a court case brought by a group of small businesses could derail Trump's tariff agenda. We'll explain what's at stake. Plus, a reminder to get outside and enjoy what nature has to offer. (But stay cool!)Here's everything we talked about today:"EU-US tariffs: five key takeaways from the trade deal" from The Guardian"US and EU reach tariff agreement" from “Marketplace Morning Report” "EU's pledge for $250 billion of US energy imports is delusional" from Reuters "Japan Expects Only 1-2% of $550 Billion US Fund to Be Investment" from Bloomberg"Trump's economy faces historic week on interest rates, trade, jobs and more" from Axios"Trump's trade deals and tariffs are on the chopping block in court. What happens next" from CNBC"Texas buys land for new state parks that will be developed using $1 billion voter-approved fund" from The Texas Tribune "A 100-year-old on a bike? Yes. ‘The right to wind in your hair'" from The Washington Post We love hearing from you. Leave us a voicemail at 508-U-B-SMART or email makemesmart@marketplace.org.
In this episode, Scott Becker covers five key business stories including a potential EU-US tariff deal, Palantir's remarkable rise, mounting challenges for health insurers, and more.
Dan Nathan and Guy Adami discuss the significant financial events of the final week of July on the RiskReversal Podcast. They cover the performance of the S&P 500 amidst 40% of its companies reporting earnings, upcoming Federal Reserve decisions, GDP data, and the jobs report. The conversation delves into the implications of a new EU-US trade deal with 15% tariffs and its potential drag on global growth. The hosts also explore the market's reaction to recent trade deals, tariff impacts on various industries, and the nuances of Nvidia's dealings with China. Additionally, they analyze Treasury Secretary Yellen's debt issuance strategy, market valuations, and various earnings reports from major tech and financial companies. The episode highlights underlying economic concerns, market reactions to earnings, and the importance of valuation metrics amidst current market enthusiasm. Links Companies Welcome EU-U.S. Trade Deal as Least Bad Outcome (WSJ) Tariffs have netted $20 billion so far – here's where the money's coming from (Axios) Why Trump Just Gave China the Keys to A.I.'s Future (NYT) Trump and Bessent Bring New Style to Managing America's Debt (WSJ) Master Investor Podcast w/ David Solomon (Website) —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media
Today, a look at the reaction to the EU-US trade deal struck at the weekend, as some may be surprised to see a weaker euro on the back of this. Elsewhere, we talk Physical AI and an interesting ETF that has exposure to the space, the comeback in risk sentiment, the rise of Chinese luxury and more. Hosting today's pod is Saxo Global Head of Macro Strategy John J. Hardy. Link to John J. Hardy's substack. Read daily in-depth market updates from the Saxo Market Call and the Saxo Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo.
Yossi Mekelberg and Patricia Cohen look at the escalating humanitarian crisis in Gaza, Europe’s reaction to the trade deal with the US, Moscow’s launch of direct flights to Pyongyang and “Ghosts of Iron Mountain”.See omnystudio.com/listener for privacy information.
On the DSR Daily for Monday, we break down the EU/US trade deal, the ceasefire between Thailand and Cambodia, Democrats' plan to combat Texas redistricting, and more. Learn more about your ad choices. Visit megaphone.fm/adchoices
On the DSR Daily for Monday, we break down the EU/US trade deal, the ceasefire between Thailand and Cambodia, Democrats' plan to combat Texas redistricting, and more. Learn more about your ad choices. Visit megaphone.fm/adchoices
Peter Burke, Minister for Enterprise, Trade and Employment, outlines the Government reaction to the new EU-US trade deal
Tommy Meskill, London Correspondent, has the latest from Scotland after the US and EU agreed a trade deal with a 15% baseline tariff
Simon McKeever, Irish Exporters Association, discusses
In this episode, Scott Becker covers five key business stories including a potential EU-US tariff deal, Palantir's remarkable rise, mounting challenges for health insurers, and more.
EU and US agreed on a trade deal with 15% tariffs; EU to buy USD 750bln in US energy, and make USD 600bln in investments.EC President von der Leyen later confirmed the 15% rate is for a vast majority of EU exports including cars, semiconductors and pharmaceuticals; 50% tariff on steel and aluminium remains.US and China are expected to extend the trade truce by 90 days, according to SCMP. Reuters suggested that talks are to begin in the “afternoon” in Sweden.European bourses cheer EU-US trade deal, but are off best levels; US futures are modestly higher.DXY picks up and EUR pulls back as participants digest the EU-US trade deal, whilst Antipodeans lag.Bonds were initially hit on the EU-US trade deal, but have since reversed to trade firmer on the session.Crude picks up on trade optimism and into OPEC+ JMMC, gold remains steady.Looking ahead, Dallas Fed Manufacturing Business Index, Treasury Financing Estimates, OPEC+ JMMC, US and China talks in Stockholm, Supply from the US.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
Jon Ihle, Deputy Business Editor with the Sunday Times // Tom Keogh, Managing Director of Keogh's Crisps // Peter Brown, Managing Director, Baggot Investment Partners.
Today's episode is brought to you in partnership with The Observer and Tortoise, who just released a brand new investigative podcast series, called “The Lab Detective”. “The Lab Detective" deals with the story of Kathleen Folbigg, who experienced unimaginable loss. All four of her infant children died suddenly, over a 10-year period. Their deaths were unexplained. Until a police detective turned up at her door, and arrested Kathleen on suspicion of murder.Kathleen was labelled ‘Australia's worst female serial killer', convicted, and was destined to spend most of the rest of her life in jail.Until a different type of detective entered her life. A scientist working in a lab who uncovered the truth behind the deaths.This is the story of a shocking miscarriage of justice, but as journalist Rachel Sylvester starts to investigate how this happened, she learns that Kathleen is not alone – other mothers have endured the same fate, and may also be in prison.The Lab Detective is a story about the power of science, and the determination of those searching for the truth.Follow the link to listen to the full series: https://lnk.to/thelabdetectiveFD!europod.About today's episode on Long Story Short:On Sunday, US President Donald Trump and European Commission President Ursula von der Leyen met at Trump's Turnberry golf resort in Scotland. After four months of tense negotiations, they reached an agreement on tariffs. But what does this deal actually mean for European industries?Join us on our journey through the events that shape the European continent and the European Union.Production: By Europod, in co production with Sphera Network.Follow us on:LinkedInInstagram Hosted on Acast. See acast.com/privacy for more information.
Wolf, Marcus www.deutschlandfunk.de, Wirtschaft und Gesellschaft
Analysis of the EU-US trade deal suggests it's a huge win for the US and a major climbdown for the EU. The details of the deal have still been kept under wraps, but Donald Trump is set to meet with Prime Minister Sir Kier Starmer to further discuss trade. UK correspondent Gavin Grey explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.
In this podcast, you'll receive valuable insights from eToro's Market Analyst, Sam North on the significant daily financial news, all within a concise time frame of under 5 minutes.
Wall Street started the new trading week almost flat as traders looked past the EU-US trade deal that was announced and focused more on the upcoming Fed interest rate decision. The S&P500 rose just 0.02% to another fresh record high while the Dow Jones fell 0.14% and the Nasdaq ended the day up 0.33% also setting a fresh record. A trade deal has been reached between the US and EU which will see 15% tariffs on all exports from the EU bound for the US.In Europe overnight markets closed mostly lower as the trade deal between the US and EU failed to raise investor confidence levels. The STOXX 600 fell 0.23%, Germany's DAX fell 1.02%, the French CAC declined 0.43% and, over in the UK, the FTSE 100 ended the day down 0.43%. Locally on Monday the ASX 200 see-sawed throughout the first trading session of the new week before closing the day up 0.36% as investors took confidence from the S&P500 record run of late and ahead of key earnings results coming out over the coming weeks.Uranium producer Boss Energy (ASX:BOE) tanked over 40% after the company released a fourth quarter performance update for FY25. At first glance the results looked very strong with an 18% increase in drummed uranium from the prior quarter, FY25 production totalling 872,607 pounds and second half FY25 C1 cost from drummed uranium of $36/pound. Looking deeper into the company's announcements out yesterday though, investors likely fled the stock after the FY26 Honeymoon mine guidance was issued including increased cash costs, and potential challenges now identified that may arise.What to watch today:The Australian share market is set to open lower, with the SPI futures predicting a fall of 0.7% at market open this morningOn the commodities front this morning, oil is trading 2.68% higher at 66 US dollars and 91 cents a barrel, gold is down 0.6% at 3317 US dollars an ounce and iron ore is down 0.03% at 98 US dollars and 55 cents a tonne.Trading ideas:Bell Potter has slightly reduced the 12-month price target on Step One Clothing (ASX:STP) from $1.30 to $1.25 and maintains a buy rating on the online retailer of underwear and innerwear. The analyst has reduced the price target by 4% due to Bell Potter's earnings revision outlook factoring in a delayed recovery in the consumer spend environment.
Kia ora,Welcome to Tuesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with talks are underway in Stockholm between the US and China over a trade/tariff deal. Prospects are not high.And the recent EU-US deal has the makings of unravelling. Both France and Germany are unhappy about the outcome, made worse by the US claiming verbally pharmaceuticals have been excluded when the EU negotiators said they were not excluded from the 15% written deal.The big casualty in all of these deals, including the Japanese one, is trust in the US. Smartarse public commenting by the US president - even some of his advisers - means the deals struck are unlikely to be respected by the US or trusted by the others. The result isn't "a deal", it is a fluid mess.New Zealand's situation in all this will be a footnote, probably sometime on Saturday.In the US, the Dallas Fed's factory survey improved sharply in July, but this was all about higher production. New orders are still contracting, even if at a slower rate. Elevated input price pressures continued in July. Improved sentiment is driving the raised output even in the absence of a pickup in new orders.Financial market eyes are now turning to Thursday's (NZT) US Federal Reserve meeting and decisions. Despite the overt Whitehouse pressure, financial market pricing shows virtually no-one is pricing in a rate cut.In Canada, wholesale sales came in better than expected, up +0.7% in June from May when a -0.2% retreat was anticipated. But despite that good recent gain, they will still be lower than in June 2024.Across the Pacific, from 2022 to 2024, Taiwanese consumer confidence rose. But since October 2024 it has been falling. However the July survey rose, the first break in the recent down-trend. It wasn't a big move from June, but they will take it.In China, they are taking something they don't want. Foreign direct investment recorded another net outflow in June, and a worse one than the highly unusual April net outflow. The reasonable start to 2025 is being undone faster now. In the six months to June they have had a net inflow of US$42.3 bln. In 2024 they had more than that in just the first three months and even that was much weaker than in 2023 (US$98 bln) or 2022 (US$112 bln). Fleeing investors isn't a good look for China.Indian industrial production expanded a rather weak +1.5% in June from a year ago, held back by surprisingly weak mining (coal) production.. In their factories however, the story is much better with manufacturing production us +3.9% from a year ago, a better rise than in May although less than the +4.5% expected.The UST 10yr yield is now at 4.42%, up +3 bps from yesterday.The price of gold will start today at US$3,309/oz, down -US$27 from yesterday.American oil prices have risen +US$1.50 at just on US$66.50/bbl with the international Brent price is now at just under US$70/bbl.The Kiwi dollar is now at 59.7 USc and down -½c from yesterday and back to where it was a week ago. Against the Aussie we are unchanged at 91.6 AUc. Against the euro we are up +30 bps at 51.5 euro cents. That all means our TWI-5 starts today at just on 67.6, down -10 bps from yesterday.The bitcoin price starts today at US$117,664 and down -1.3% from this time yesterday. Volatility over the past 24 hours has remained low at just on +/-0.9%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.
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Where else would one of the most important trade deals on the globe be conducted but on a golf course? Later today in Turnberry, Scotland, Donald Trump will meet with Ursula von der Leyen to sign off on an EU-US trade agreement. We hear from Michael McGrath, European Commissioner, shortly but first a report from London Correspondent Tommy Meskill.
With Donald Trump and Ursula von der Leyen locked in intense trade negotiations late last night, just how economically damaging would a transatlantic tariff war be for Ireland? Joining Mandy Johnston to discuss are hotelier, John Fitzpatrick & Shona Murray, Europe editor at Euronews.
Following a number of trade deals announced in the last week, financial markets seem to be taking the news in a positive manner with equity markets continuing to edge higher and bond yields remaining in fairly narrow ranges. However, one bond market that has stood out is Germany where yields have jumped following hawkish ECB commentary after their July rate meeting, which we discuss in this episode alongside the potential EU-US trade deal. We also discuss the US implications of trade deals, preview the FOMC decision and US labour market data, both of which are due next week. In Asia, we focus on trade developments in India and ASEAN, the Japan upper house election, and the US-Japan trade deal. Chapters: US: 01:54, EMEA: 10:29, Asia: 15:05, Japan: 22:13.
US President Trump said they will have straight, simple tariffs of between 15% and 50% on countries, while he added the US is in serious talks with the EU and if they agree to open up to US businesses, US will let them pay lower tariffs.European bourses continue to gain, albeit are off best levels; US futures mixed, GOOGL +3%, TSLA -6% in pre-market trade.GBP lags on soft PMIs, EUR eyes ECB and potential EU-US breakthrough.EGBs hit by trade updates, Gilts off lows post-PMIs, USTs await data.Crude rises on trade optimism and geopolitics, gold unwinds risk premium.Looking ahead, Global PMIs, US Jobless Claims, Canadian Retail Sales, ECB & CBRT Policy Announcements, Speakers including RBNZ's Conway & ECB President Lagarde, Supply from the US.Earnings from LVMH, Carrefour, Michelin, Intel, American Airlines, Blackstone, Dow Chemical, Nasdaq, Union Pacific, Honeywell & Keurig Dr Pepper.Read the full report covering Equities, Forex, Fixed Income, Commodites and more on Newsquawk
Meniscus tears can be confusing. They can occur with trauma or not, they come in a variety of shapes and locations which can influence treatment options and outcomes profoundly, and the right treatment remains a matter of great debate. The literature is likewise confusing, and historically has been heterogeneous. Dr. Benjamin MA, MD, PhD from the famed UCSF joins us to discuss an international multi-society expert panel he took part in to generate consensus statements regarding meniscus tear treatment. The consensus statements give all of us in the Sports Medicine world some guidance and reassurance for our approach to this seemingly simple structure, the meniscus, that, when torn, is full of complexities.