Morning Juice – Europe Session Prep

Good Morning Traders.
It is Monday the 28th of July. Here is what to look out for today.

Sentiment
The US and European Union agreed on a hard-fought deal that will see the bloc face 15% tariffs on most of its exports, including automobiles, staving off a trade war that could have delivered a hammer blow to the global economy. US and Chinese officials are meeting Monday to extend their tariff detente beyond a mid-August deadline, and haggle over other ways to further defuse trade tensions. UK Prime Minister Keir Starmer will meet US President Donald Trump in Scotland on Monday in a bid to remove the remaining obstacles to their trade deal and press for a lasting ceasefire in Gaza. Japan expects only 1-2% of its recently agreed upon $550 billion US fund to be in the form of actual investment, with the bulk of it being loans, according to the nation’s top chief negotiator Ryosei Akazawa. At the same time, Tokyo would save roughly ¥10 trillion ($68 billion) through lower tariff rates in its deal with America, he said

Docket
07:00 ET
OPEC JMMC Meeting

Speakers
03:30 ET
ECB’s Escrivá participates in the Foro Económico de El Norte de Castilla in Valladolid, Spain.