Top U.S. and Chinese economic officials met in Stockholm on Monday to resume talks to resolve longstanding economic disputes at the centre of a trade war between the world's top two economies, aiming to extend a truce by three months.

The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.

Companies reporting today include Enterprise Products Partners ( EPD) and Waste Management ( WM ). See the full earnings calendar on Seeking Alpha, as well as today's economic calendar.

European Union wine and spirits producers could emerge among the few winners of a EU-U.S. trade deal agreed at the weekend that some European officials consider unbalanced. The high-level agreement, which imposes a 15% baseline duty for most EU goods entering the United States,

Analysts said negotiators meeting in Stockholm were likely to agree to another 90-day pause on tariffs and export controls, avoiding further escalation.

The Federal Reserve is slated to announce its latest interest-rate decision, and investors will scour the July jobs report. Earnings season marches on, with four of the “Magnificent Seven” names headlining a packed schedule.

F or President Trump and European Commission President Ursula von der Leyen, there was rhetorical convergence at least, on the trade deal which imposed a 15% tariff on European exports to America. “It’s the biggest deal ever”,

Gold prices steadied on Monday, with gains curbed by improved risk sentiment following a trade deal between the United States and the European Union, while investors looked forward to the U.S. Federal Reserve's policy meeting later this week.