Key Takeaways
- U.S.–EU trade deal drove risk appetite higher after both sides agreed to limit tariffs and expand strategic investment ties.
- The U.S.–China tariff talks drew market attention as the Stockholm meeting is likely to lean toward stability over escalation.
- Bitcoin rebounded sharply, climbing to 119,309 after dipping to 114,000 amid broad market optimism.
- Gold pulled back to 3,311 before rebounding to 3,339.37 as safe-haven demand eased.
Geopolitics and Market Sentiment
On Monday, July 28, 2025, global markets rallied after the U.S. and European Union finalized a trade framework, significantly reducing the risk of a wider tariff standoff.
Under the agreement, which was unveiled by President Trump and European Commission President Ursula von der Leyen, most EU exports will now face a 15% tariff, down from the earlier threat of 30 to 50 percent.
Additionally, critical sectors, such as semiconductors, pharmaceuticals, and aerospace, were granted tariff-free access, while steel and aluminum remain subject to a 50% duty.
The EU, in turn, committed up to $600 billion in investments, including purchases of U.S. energy and defense products.
Simultaneously, U.S.–China officials agreed to meet in Stockholm to negotiate an extension of their current 90‑day tariff truce ahead of its expiration date around August 12. While no major breakthroughs are expected, markets welcomed the initiative, anticipating that a renewed pause could avert renewed escalation.
The reaction was positive across sectors. U.S. and European futures climbed sharply, reflecting broad risk-on sentiment, while the euro strengthened to roughly $1.1779, close to one-year highs.
Oil prices also firmed. Brent rose about 0.29% to $68.64, while WTI climbed 0.23% to $65.31, as the risk of trade-induced fuel demand disruption eased.
Meanwhile, gold prices came under pressure, slipping to $3,311 before rebounding to $3,340, as safe-haven demand faded on the improving trade scene.
Crypto markets mirrored equities. Bitcoin rebounded strongly, recovering losses from earlier in the day as investor risk appetite returned, reaching $119,000 after touching $114,000.
Global Indices
- S&P 500 (SPX): 6,388.65 (+0.4%)
- Dow Jones (DJI): 44,901.92 (+0.47%)
- Nasdaq Composite (IXIC-D): 21,108.32 (+0.24%)
- Nikkei 225 Futures (NK2251D): 41,020.0 (−0.82%)
- Euronext 100 (N100-D): 1,591.26 (−0.02%)
- FTSE 100 (FTSE): 9,165.6 (+0.23%)
Cryptocurrencies
- Bitcoin (BTCUSD): 119,309 (−0.13%)
- Ethereum (ETHUSDT): 3,922.26 (+1.3%)
- Binance Coin (BNBUSDT): 843.57 (−0.05%)
- Solana (SOLUSDT): 193.00 (+2.34%)
Commodities
- Gold (GOLD): 3,339.37 (+0.09%)
- Silver (SILVER): 38.2307 (+0.73%)
- WTI Crude (USOIL): 65.59 (+0.91%)
- Brent Crude (BRENT3!): 67.4661 (+0.34%)
Major Stocks
- NVIDIA (NVDA): 173.50 (−0.14%)
- Tesla (TSLA): 316.06 (+3.52%)
- Microsoft (MSFT): 513.71 (+0.55%)
- Meta (META): 712.68 (−0.3%)
- Apple (AAPL): 213.88 (+0.06%)
- Amazon (AMZN): 231.44 (−0.34%)
Forex
- U.S. Dollar Index (DXY): 97.220 (0.01%)
- EUR/USD: 1.1744 (+0.03%)
- GBP/USD: 1.3433 (−0.02%)
- USD/JPY: 147.785 (+0.09%)
Market Digest Wrap-Up
Global equities gained on Monday as a U.S.–EU trade agreement eased fears of a tariff escalation and supported investor sentiment. The deal, which reduced most tariffs to 15% and secured major European investments in U.S. energy and defense, was seen as a stabilizing step for the markets.
U.S. and European futures rose broadly, while the euro firmed near one-year highs. Oil prices edged higher, with Brent and WTI gaining as concerns over trade-related demand disruptions eased.
Gold initially dipped as safe-haven demand faded, before cutting its losses later in the session. Meanwhile, Bitcoin tracked equities’ gains, climbing back to $119,000 after briefly dipping below $115,000.
Investors now turn their focus to upcoming central bank meetings and a series of major U.S. tech earnings, which are expected to provide further direction for markets.
