报道称，印度贸易代表团已返回印度，预计将在9月至10月与美国达成交易。 ...

The new agreement with the EU is needed to preserve Switzerland’s access to the bloc, which is its largest trading partner. But some Swiss citizens are alarmed by its terms https://t.co/Qo5BJrbpz2 ...

Trade Agreements & Tariffs - Indonesia assesses that the 19% overall tariff is beneficial to them [1] - Indonesia is negotiating with the US for exemptions on the 19% tariffs for palm oil, cocoa, and nickel [1] - The US states that under a new agreement with Indonesia, the US will impose a 19% tariff on goods from Indonesia [2] - The US aims to secure better trade deals and reduce the US's large trade deficit [2] Trade Policy & Exemptions - US IT products will not be subject to Indonesian local content requirements [1] - All US goods, except alcoholic beverages and pork, imported into Indonesia will have zero tariffs [1]

UK officials are optimistic that the Trump administration will soon agree to modify the domestic-production requirements that are holding up a trade agreement to lower US tariffs on British steel. https://t.co/j5IyyX2ojQ ...

路透：消息人士称，澳洲即将与中国政府达成协议，允许澳洲供应商向中国试运五批菜籽油，此举将结束长达数年的菜籽油贸易冻结。 ...

Indonesia sees ‘new era’ for trade with the US under deal signed with Trump https://t.co/89ROvNq3R5 ...

韩国产业通商资源部：或许可能在8月1日期限前与美国达成“原则性”贸易协议。 ...

Consumers may soon be paying more for fresh tomatoes as a decades-long deal with Mexico expires in less than a week, absent a last-minute deal or extension https://t.co/Rf8ayO5b0I ...

Malaysia will continue to engage with the US for a “mutually beneficial” trade agreement after Trump threatened to impose a 25% tariff on the Southeast Asian nation https://t.co/tgSqTTDIle ...

Investment Rating - The report maintains a high conviction level on several currency pairs, including short CNH against an equal-weighted basket (EUR, AUD, KRW) at 4/5, long EUR/INR at 4/5, and long USD/HKD outright at 4/5 [6][10][16] Core Insights - The report suggests a bias towards a weaker USD, despite some short-term headwinds from stronger-than-expected US nonfarm payroll data [8][12] - Key focus points include potential changes in US trade agreements and the influence of Fed Chair Powell's position on USD strength [11][20] - The report highlights the importance of monitoring developments in US tariffs, particularly concerning Japan and other major trading partners [19][20] Summary by Sections Asia FX Strategy - The conviction level on short CNH against an equal-weighted basket has been raised to 4/5, targeting a 4% return by the end of July [11] - Long EUR/INR is favored with a conviction level of 4/5, driven by RBI's bias to maintain FX reserves and local growth slowdown [17] - Short USD/TWD is maintained at a high conviction level of 4/5, with expectations of continued foreign equity inflows and robust local fundamentals [15] G10 FX Strategy - Long EUR/GBP is retained at a conviction level of 4/5 due to fiscal pressures on GBP and potential for further deterioration in economic data [21] - Short USD/JPY recommendations are maintained, with expectations of downward pressure on USD against JPY amid rising tariff risks [19][20] - The report indicates a modestly positive outlook for AUD, with expectations of a rate cut from the RBA [22] Asia Rates Strategy - Conviction on pay 10y HK IRS is raised to 4/5 due to increased HKMA intervention and expectations of upward pressure on USD/HKD forwards [25] - The conviction on pay 5y outright in China is maintained at 4/5, while the conviction on 2s5s steepener is reduced to 3/5 [26] - In India, a 2y NDOIS receive position is maintained, with limited near-term catalysts expected [27]