Trump speaking, vague remarks about the European Union and South Korea in discussions with the US re trade.
Over the weekend, ICYMI:
Trump hits the European Union (EU) with a 30% tariff, starting on August 1
Then:
Germanys Merz will work closely with Macron, von der Leyen to resolve trade ahead of Aug 1EU extends pause on US trade retaliation to allow more talks
Some of the market moves covered here:
Monday open levels, indicative FX prices 14 July 2025 – Small gap higher for USDUS equity index futures down around 0.5% after Trump 30% tariff threat against EU, Mexico
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Trump’s comments on other matters:
discussing Gaza, aiming to get resolved next weekwill send Patriot missiles to UkrainePowell should quit
Trump arriving back in DC after a weekend golfing
This article was written by Eamonn Sheridan at www.forexlive.com.