Market Compass
New Tariff Agreements
- The agenda regarding tariffs is closely monitored in global markets. This time the latest news is positive…
- Having reached a comprehensive trade agreement with Japan, the US also reached an agreement with the Philippines. In addition, Trump announced that he will visit China upon the invitation of the Chinese President. Officials of the two countries are expected to return to the negotiating table in the coming days.
- With these latest developments, the uncertainties regarding the trade impasse have somewhat decreased. It revitalised hopes for a possible deal with Europe. On the other hand, Russia and Ukraine will start the third round of negotiations in Istanbul today.
- Today, the balance sheets of Tesla and Alphabet will be under the scrutiny of the markets. We do not expect the second-hand house sales to be announced from the US to make a significant change in risk appetite.
- With the trade agreements, Asian stock markets completed the day with significant increases, while European indices are also on the positive side. Wall Street futures contracts point to a slightly upward opening.
- Major digital assets declined slightly while trying to hold on to the gains recorded after the “crypto week” and a relatively calm and slightly pressured picture is observed. We think that this may continue with weak reactions in the rest of the day.
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Highlight of the Day
Important Economic Calender Data
| Time | News | Expectation | Previous |
|---|---|---|---|
| Post-Market | Earnings Tesla (TSLA) | – | – |
| All Day | Fintech Revolution Summit Malaysia 2025 | – | – |
| All Day | Avail (AVAIL) 972.85MM Token Unlock | – | – |
| 14:00 | US Existing Home Sales (Jun) | 4.00M | 4.03M |
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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