EU, Trump and trade deal
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Cubs willing to trade star prospect for right pitcher
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U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping trade deal
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The EU-US trade deal includes zero tariffs on aircraft, a big win after months of uncertainty. But Trump's tariffs could still weaken travel demand.
Questions, critiques and discrepancies are hanging over the framework agreement, but investors seem to view it as a win all the same.
Asian equities were mostly higher overnight as Vietnam and Indonesia outperformed while Japan and India underperformed. Hong Kong and Mainland China were both higher overnight on high volumes as health care stocks outperformed,
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"Economic growth in the euro zone will be affected, with estimates from international institutions showing a possible reduction in the growth rate by 0.3%-0.4%, which would mean a reduction in economic growth in Romania by 0.15%-0.2%," Concordia macroeconomist Iulian Lolea said.
"The biggest piece in the trade deal puzzle still remains, and the Chinese are unlikely to be as willing to fold."
Miami Marlins starting pitcher Sandy Alcantara significantly improved his stock with his most recent outing, and he reportedly could be on the move before Thursday's trade deadline.