Group 1 - The Polish Prime Minister estimates that Poland may incur losses of approximately 8 billion zloty due to U.S. tariffs [1]

Core Viewpoint - German Chancellor Merz stated that U.S. tariffs will impose a "heavy burden" on the German economy, suggesting that the tariffs are detrimental to both the U.S. and the EU, leading to a mutually harmful situation [1] Group 1 - The U.S. tariffs are expected to significantly impact the German economy, indicating potential challenges for German industries [1] - Merz emphasized that the long-term effects of these tariffs will reveal that they do not align with U.S. interests, suggesting a broader economic conflict [1]

Group 1 - The euro has slightly increased by less than 0.1%, trading above 1.1750 against the US dollar [1] - German Chancellor Merz and French President Macron issued a statement before their meeting in Berlin, indicating that they have heard about potential decisions regarding trade issues from the EU and the US [1] - The timing of their discussions is considered optimal for coordinating a response from the EU to US tariffs [1]

法国总统马克龙：将协调欧盟对美国关税的回应。 ...

Core Viewpoint - The president of the Japan Business Federation stated that the trade agreement was reached after persistent negotiations, considering Japan's national interests, but the impact of U.S. tariffs on the Japanese economy will not be insignificant, necessitating appropriate economic measures [1] Group 1 - The trade agreement was achieved through persistent negotiations [1] - Japan's national interests were taken into account during the negotiation process [1] - The U.S. tariffs will have a significant impact on the Japanese economy [1]

Core Viewpoint - The Brazilian Vice President is advocating for the extension of the deadline for U.S. tariffs, specifically hoping for support from President Trump [1] Group 1 - The mining industry is closely monitoring the developments regarding U.S. tariffs, as changes could significantly impact trade dynamics [1] - The Brazilian government is actively engaging with U.S. officials to negotiate terms that could benefit the mining sector [1]

斯泰兰蒂斯(STLA.N)CFO：预计全年美国关税带来的影响将在10-15亿欧元之间。 ...

斯泰兰蒂斯(STLA.N)CFO：预计下半年美国关税将带来更大影响。 ...

印尼首席经济部长：19%的美国关税可能在8月1日前生效，取决于联合声明。 ...

Global Market Insights - 34% of investors believe shorting the US dollar is the most crowded trade, an increase from June, marking the first occurrence of this sentiment [15] - Cash levels have dropped to a historical low of 3.9% in July [6] - Nearly half of the respondents expect the Federal Reserve to cut interest rates twice this year, with 26% anticipating that Bostic will become the next Fed Chair [8] - The market expects the final tariff level from the US on other markets to be 14%, slightly up from 12% in June [13] - Global investors have reached a new high in their overweight positions in the euro and European stocks [16] Asia Market Insights - The proportion of investors who believe China's economy will weaken in the next 12 months remains at 10%, unchanged from June [22] - There is an increasing willingness among investors to seek opportunities in markets outside of China compared to June [27] - Investors are more optimistic about Japan's economy, with a notable increase in those expecting improvement [29] - In the Asia-Pacific region, the proportion of investors optimistic about Japan has decreased from 45% to 32%, while those favoring South Korea increased from 5% to 16%, and India from 17% to 10%; however, China's sentiment has worsened from -5% to -13% [32] - Within the Chinese market, the most favored sectors by foreign investors are AI, dividends (now second), and internet, with consumer sectors still not favored [34]