Market Compass
Trade Agreement Between the US and Europe…
- Global markets started the new week on a positive note with the news of a trade agreement between the US and the European Union (EU) over the weekend. This avoided a stalemate in the event of a potential disagreement between the two major economies, which could have a profound impact on global trade.
- In addition, US and Chinese officials will meet today. On August 12, the current trade truce is expected to be extended.
- Later in the week, markets will focus on the US Federal Open Market Committee (FOMC) meeting on July 30 and key macro indicators. In addition, the balance sheets of Meta, Microsoft, Amazon and Apple to be announced during the week may be decisive for the risk appetite of the markets.
- European stock markets and Wall Street futures are trading in positive territory on the news of a trade deal. Major digital assets, on the other hand, declined slightly in search of balance after the gains recorded over the weekend.
- We think that we will follow a market structure that is sensitive to news flows, and in this parallel, we anticipate that it is slightly more likely that we will continue to see a pressurized course, although there are signs that corporate demand remains buoyant. Surprise news, on the other hand, has the potential to enable positive pricing behavior.
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Highlight of The Day
Important Economic Calender Data
| Time | News | Expectation | Previous |
|---|---|---|---|
| — | Starknet (STRK) Starknet V0.14.0 | — | — |
| — | Manta Network (MANTA) July Community Townhall | — | — |
| — | Lido DAO (LDO) CSM V2 Rollout Vote | — | — |
| — | Metis Token (METIS) Contest: “No-Lose Lottery” Launch | — | — |
Information
*The calendar is based on UTC (Coordinated Universal Time) time zone.
The economic calendar content on the relevant page is obtained from reliable news and data providers. The news in the economic calendar content, the date and time of the announcement of the news, possible changes in the previous, expectations and announced figures are made by the data provider institutions. Darkex cannot be held responsible for possible changes that may arise from similar situations.
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