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RBC Helima Croft: Here's what the U.S.-EU trade deal means for energy
CNBC Television· 2025-07-28 15:28
US-EU Energy Trade Deal - The EU is expected to purchase $750 billion worth of American energy over the next three years, equating to $250 billion per year [1][2] - Currently, the EU imports approximately €77 billion worth of energy products from the US [2][3] - The deal aims for the US to become the primary energy supplier to Europe, potentially replacing a significant portion of the EU's total energy import bill of around €375 billion [4] - A large portion of the increased US exports to Europe is anticipated to be in the form of LNG [5] - The US LNG export capacity is expected to increase by potentially 70% with projects like Port Arthur and Golden Pass [10] LNG Market Dynamics - In the first quarter of 2025, the US was the largest supplier of LNG to Europe, while Russia was the second largest, accounting for approximately 17% of Europe's LNG imports [7] - The EU aims to eliminate all Russian gas imports by 2027, potentially leading to the US taking over Russia's market share [7][8] - Increased US LNG exports to Europe may draw volumes away from Asia, raising questions about trade deals with countries like China [5][13] - Post-2030, the increasing energy demands of data centers in the US may impact the availability of LNG for export [11][12] US Energy Production - Slower US energy production growth was expected due to prevailing energy price points [15] - There are concerns about potential oversupply in the crude oil market in the fourth quarter [16] - Rig count has been consistently dropping, raising questions about whether this will lead to a year-on-year decrease in US production [15]
Trump announces trade deal framework with EU, Tesla and Samsung ink $16.5B chip deal
Yahoo Finance· 2025-07-28 15:07
Morning Brief anchor Julie Hyman breaks down the latest market news for July 28, 2025. The Federal Reserve is holding its July FOMC meeting this week. The Fed is expected to keep rates steady despite unrelenting pressure from President Trump to lower interest rates. President Trump has announced a trade deal framework with the European Union. This would include a 15% tariff rate, which comes after Trump threatened a 30% rate for the EU. For more episodes of Opening Bid, please visit: https://finance.yahoo.c ...
X @The Economist
The Economist· 2025-07-28 15:00
Today on “The Intelligence”: examining the EU-US trade deal, a breakout chance for England’s Midlands and a tribute to the world’s (probably) oldest marathon runner https://t.co/yE3z6NYpy0 ...
X @The Wall Street Journal
From @WSJopinion: The new trade deal doesn’t appear to address the main U.S. grievances with Europe, such as digital taxes and punitive regulation against U.S. tech firms and agriculture https://t.co/dLDyOh3nko ...
X @Bloomberg
Bloomberg· 2025-07-28 13:52
US equities extended their climb as a weekend trade deal with the EU fueled optimism ahead of a jam-packed week https://t.co/2y7aPzes8J ...
X @The Economist
The Economist· 2025-07-28 12:40
“It’s bad for the American consumer, but the European economy can probably live with it.” On “The Intelligence” @COdendahl analyses the new trade deal with America. Listen now https://t.co/kUtoe43uoG ...
Dudley: More than half of the Magnificent Seven have underperformed the S&P
CNBC Television· 2025-07-28 11:20
Katrina Dudley investment strategist at Franklin Mutual Advisers Katrina good morning. How are you. >> Good good.Thank you I. >> Want to get your quick reaction on that EU, US trade deal and what it means for the markets. Are there any sectors that you see especially benefiting on the back of that deal.>> I think we are seeing a lot of benefits in terms of actually the European markets, because it gives them certainty. The European markets have actually had some pockets of strength over the last couple of m ...
X @Bloomberg
Bloomberg· 2025-07-28 11:15
Futures Climb Along With the Dollar After the European Union Reached a Trade Deal with President Donald Trump. Get market insights on Bloomberg Surveillance. @tomkeene @ptsweeney are LIVE on YouTube https://t.co/m9IglISGoz ...
U.S., China launch new talks on extending tariff truce
CNBC Television· 2025-07-28 11:03
See, let's get uh to the other big trade story today. Treasury Secretary Scott Bessant resuming talks with his Chinese counterparts on a potential deal with the US. Aean Jmers.Really. It's in Stockholm, Sweden. Well, isn't that uh nice.Uh and he joins us now. Good morning, uh Aean. Beautiful city.Good morning, Joe. Yeah, it is a beautiful city. Somebody had to throw themselves on the grenade to get this assignment, so I volunteered for it.Uh look, high stakes in Stockholm today. It's been a bumpy ride as yo ...
X @Bloomberg
Bloomberg· 2025-07-28 10:40
The EU’s promise to buy $750 billion of American energy imports over three years was pivotal to securing a trade deal with President Donald Trump, but it’s a pledge it will struggle to keep https://t.co/IxtiuLgzNA ...