The positive headlines on a US-EU trade deal continue to filter through. Trump has already signed an executive order on Monday which extended the deadline for tariffs to August 1 (as widely expected).
The EU sources also told Reuters that they won’t be among the recipients of the tariff letters as they continue to work toward a deal. It looks like a deal could really be within reach and that’s what kept European stocks supported in recent trading sessions.
This article was written by Giuseppe Dellamotta at www.forexlive.com.