Trump speaking, vague remarks about the European Union and South Korea in discussions with the US re trade.
Over the weekend, ICYMI:
Then:
- Germanys Merz will work closely with Macron, von der Leyen to resolve trade ahead of Aug 1
- EU 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 USD
- US 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 week
- will send Patriot missiles to Ukraine
- Powell should quit
Trump arriving back in DC after a weekend golfing
