The trade deal between the EU and the US is "the lesser evil" as it helps avoid a wide conflict, according to one top Spanish banker https://t.co/1CfzOmVYYy ...

Europe’s trade deal with the US gives companies the visibility needed to invest even if the tariffs are a “lose-lose” situation, French finance chief Lombard says https://t.co/7YOjpFRRyL ...

Here's what to know about how the EU-U.S. trade deal will affect European consumer products. https://t.co/ChEJe3v7ZZ ...

The US is still atop the commercial food chain, writes @Moss_Eco. When striking a trade deal, homage goes a long way (via @opinion) https://t.co/0M4dPuAwbn ...

The recriminations have begun around the "one-sided" trade deal between the US and the European Union, while the single currency has fallen sharply against the dollar. But is this really a win for the US? Or just for the US tax office? https://t.co/JwoI0g3KWj ...

DANI: IT'S 5:00 AM IN NEW YORK CITY, GOOD MORNING, I'M DANI BURGER WITH YOUR BLOOMBERG BRIEF, HERE'S WHAT YOU NEED TO KNOW ON THIS TUESDAY. AN EVENING OF FEAR, A SHOOTING IN MIDTOWN MANHATTAN OFFICE BUILDING KILLS FIVE INCLUDING THE GUNMAN. THE U.S. AND E.U. RUSHED TO VERIFY THEIR TRADE DEAL. IN THE LATEST JOB DATA AS THE FED KICKS OFF ITS TWO-DAY MEETING. SIX CONSECUTIVE TRADING DAYS WERE WE HAD SIX RECORDS BUT WE JUST RARELY GOT THERE. 0.2% WITH THE GAIN ON THE S&P 500. WE ARE GAINING AGAIN THIS MORNING F ...

Trade Deal Impact - A significant trade deal between the US and the EU is expected to send asset prices higher [1][5] - The EU agreed to a 15% across-the-board tariff [4] - The EU agreed to buy hundreds of billions of dollars in US military equipment [4] - The EU agreed to make $600 billion in investments in the United States [4] - The EU agreed to buy $750 billion of US energy [4] - The EU agreed to open their markets to US products [4] - Trade deals with the US will likely require large capital investments in America, leading to increased global liquidity and higher asset prices [9] Bitcoin & Cryptocurrency Market - Wall Street is increasingly focused on Bitcoin, viewing it as the "king of the market" [11][12] - Bitcoin is being integrated into traditional financial systems, such as ETFs and real estate funds, to leverage its volatility and potential for financial return [16][17][18] - The US government may eventually announce the purchase of Bitcoin to create a strategic reserve [20][21] Economic Shift & Industrialization - The US economy is undergoing a shift from a focus on software to hardware, driven by AI and re-industrialization [24][28] - This shift requires increased investment in data centers, power supply, energy materials, and mining [29][33] - US reliance on China for rare earth minerals is a critical factor in manufacturing and geopolitical relations [30][35]

The dollar jumped the most since early May, putting it on track for its first monthly gain this year, bolstered by a long-awaited trade deal between the US and the European Union. https://t.co/exxwfZBnUR ...

Trade Deal Impact - EU trade deal provides a breath of relief but no cheers yet for European wine and spirits makers, who find themselves left out [1] - A 15% tariff on EU imports to the US is better than the feared 30%, but no decision regarding a wine and spirits carveout has been made [2] - EU officials say an agreement for the sector will be examined in the coming weeks [2] - Spirits stocks initially ticked slightly higher but then moved lower as investor uncertainty settled in [3] Financial and Market Concerns - A 15% tariff is still a big hit, as a previous 10% blanket tariff on EU imports led to a 12% decline for wine producers [3] - Leading wine makers may have to increase prices or exit the US market overall [4] - The EU exported 105 billion (10.5% billion) of alcohol to the US in 2024, with 12 billion (1.2% billion) coming back in return [4] - Beer maker Heineken reported an earnings beat but warned of softening demand in the US and EU [5] Industry Trends and Challenges - The industry faces the impact of cannabis, GLP1s, and generational shifts leading to decreased alcohol consumption [7] - Legal drinking age Gen Z consumers are drinking less, turning to non-alcoholic options [7] - Weaker consumer demand and rising prices are anticipated, according to producers [9] - Steel and aluminum tariffs also weigh on the sector, in addition to tariffs on the products themselves [6]

Thailand expects the Trump administration to offer it a “very good” trade deal after agreeing to end an armed border conflict with Cambodia under a US-backed peace initiative, its Acting Prime Minister Phumtham Wechayachai said. https://t.co/X2X5amu8MG ...