Frankfurt's DAX was little changed around 24,070 on Tuesday, as traders remained focused on the ongoing trade negotiations between the United States and its main partners. President Trump notified Japan, South Korea, and 12 other nations on Monday that, starting August 1, they will be subject to tariffs of at least 25% unless they can swiftly negotiate new trade agreements with the United States, while declaring himself open to negotiations. However, Canada, Mexico, the European Union, and China are all absent from this list, a notable absence that could signal a more advanced state of trade discussions with these partners. According to Politico, the US has proposed an agreement to the European Union that would maintain a basic tariff of 10% on all EU products, with some exceptions for sensitive sectors such as aircraft and alcohol.

DAX on Cautious Note

The FTSE 100 traded mostly flat on Tuesday as investors kept a close eye on developments around US tariffs. President Donald Trump issued his first round of letters warning trading partners of higher duties, while Europe is negotiating to lock in a 10% tariff rate past the August 1 deadline, seeking exemptions for key products. Trump stated that the increased tariffs won't take effect until August, signaling that there’s still room for negotiation. On the corporate front, Entain shares rose 2.5% after Bank of America upgraded the stock, citing strong performance from its BetMGM joint venture in the US. BP shares were little changed after the company signed a deal with Libya’s National Oil Corporation to explore reviving two major oil fields.

FTSE 100 Little Changed on Tuesday

The Shanghai Composite rose 0.7% to close at 3,497 while the Shenzhen Component gained 1.47% to 10,588 on Tuesday, with mainland stocks settling at multi-month highs as Trump announced new tariff rates on 14 countries and extended the deadline to Aug. 1, allowing more time for negotiations. However, tensions remained as Beijing warned Washington against reigniting trade frictions by reinstating tariffs on Chinese goods next month. China also threatened retaliation against countries that cooperate with the US in efforts to exclude it from global supply chains. On the domestic front, investors were cautious ahead of key inflation and trade data due later this week, which could offer further insight into the economic fallout from shifting US-China trade dynamics. Technology stocks led the gains, with strong performances from Foxconn Industrial (+10%), Zhongji Innolight (+7.2%), and Sungrow Power (+9.5%).

China Stocks Climb as Trump Unveils New Tariff Rates

Both the STOXX 50 and STOXX 600 hovered around the flatline on Tuesday, as investors continued to monitor global trade developments. According to Politico, the US has proposed a deal to the EU that would maintain a 10% baseline tariff on all EU goods, with some exceptions for sensitive sectors such as aircraft and spirits. However, Washington has given no indication that it will exempt politically sensitive industries—such as automobiles, steel, aluminum, and pharmaceuticals—as requested by the EU. Meanwhile, President Trump began issuing formal tariff notifications on Monday, starting with South Korea and Japan, both of which will face a 25% tariff beginning August 1st. On the corporate front, shares of wine and spirits producer Pernod Ricard rose about 1.8%, while Davide Campari Milano gained 1.6%. Among the largest companies, performance was mixed: SAP edged up 0.1%, and LVMH traded near the flatline. In contrast, Nestlé, Hermès, ASML Holding, and Novo Nordisk all slipped 0.3%.

European Stocks Lack Direction, Trade Developments Eyed

In China,  the Shangai Composite Index rose 24 points or 0.69 percent on Tuesday. Leading the gains are LONGi Green (6.53%), Sany Heavy Industry (3.81%) and Inner Mongolia BaoTou Steel (2.78%). Top losers were Shanghai Pudong (-2.67%), Bank Of Nanjing (-1.67%) and Hua Xia Bank (-1.30%).

The Shangai Composite Index Closes 0.69% Higher

The S&P/ASX 200 traded flat around 8,591 on Tuesday, following losses from earlier in the session, as investors digested the Reserve Bank of Australia’s latest policy decision. The RBA kept interest rates unchanged at 3.85% in its July meeting, defying market expectations of a 25 bps rate cut. The decision reflected a more balanced inflation outlook and ongoing strength in the labor market. Meanwhile, NAB Business Confidence rose to 5 in June 2025 from 2 in May, marking its third consecutive monthly increase and the highest level since January. On the global front, trade tensions flared after US President Trump announced new tariffs on fourteen countries lacking trade agreements with the US, including a 25% duty on major exporters. Meanwhile, he also delayed the implementation of reciprocal tariffs from July 9 to August 1, further clouding the global trade outlook. Notable performers included Newmont Corporation (2.4%), REA Group Ltd (1.8%), and Pro Medicus Limited (1.4%).

Australian Shares Finish Flat After RBA Decision

New Zealand’s benchmark S&P/NZX 50 rose 0.7% to close at 12,859 on Tuesday, following a a subdued session the day before, supported by optimism over potential trade deals following the US extension of the tariff deadline. President Donald Trump sent the first of several planned tariff warning letters, proposing rates between 25% and 40%, but signaled flexibility by calling the August 1 deadline “not 100% firm” and leaving room for further talks. On the domestic front, markets are now focused on Wednesday’s interest rate decision, where the Reserve Bank is expected to pause for the first time since it began cutting rates last August. Across the bourse, gains were led by healthcare and utilities stocks, including Fisher & Paykel (+2.6%), Meridian Energy (+3.1%), and Mercury NZ (+1.8%). On the downside, A2 Milk (-3.9%), Mainfreight (-2.2%), and Chorus (-1.1%) ended lower.

New Zealand Shares Close Higher

European equity markets were poised to open lower on Tuesday as investors digested the latest trade developments out of the US. President Donald Trump announced updated tariff rates on 14 countries that have yet to reach trade agreements with Washington, including major export-driven economies such as Japan and South Korea, both of which will face 25% levies. Trump also signed an executive order extending the deadline for reciprocal tariffs to August 1 from July 9, providing additional time for negotiations. In Europe, attention will turn to the latest trade data from Germany and France, which could offer insights into the potential impact of shifting US-EU trade dynamics. In early premarket trading, Euro Stoxx 50 futures slipped 0.1%, while Stoxx 600 futures fell 0.2%.

European Markets Set for Lower Open

SHANGHAI increased to 3497.00 Index Points, the highest since November 2024. Over the past 4 weeks, Shanghai Stock Exchange Composite Index gained 2.86%, and in the last 12 months, it increased 18.17%.

Stocks in China Hit 34-week High

The BSE Sensex was nearly flat, trading around 83,461 in early deals on Tuesday, marking its second straight session of muted movement, as traders remained cautious amid uncertainty over US trade policies. Market participants continued to monitor US-India trade negotiations following President Trump's announcement of new tariffs targeting several trading partners. Caution also prevailed ahead of the release of consumer and producer price data from India's top trading partner, China, amid persistently weak domestic demand in the mainland. Investors were also awaiting the release of the Fed’s meeting minutes for guidance on the central bank’s monetary policy path. Gains in the tech, financial services, and banking sectors offset declines in auto and healthcare. Kotak Mahindra surged 3.5% and NTPS rose 1.1%, while Titan plunged 5.2%, and HCL Tech fell 1.0%.

India Stocks Muted in Morning Trade

The Shanghai Composite rose 0.2% to around 3,480 while the Shenzhen Component gained 0.8% to 10,520 on Tuesday, recouping losses from the previous session as US President Donald Trump announced new tariff rates on 14 countries, removing some uncertainty in the market. Trump also signed an executive order extending the reciprocal tariff deadline to Aug. 1 from Jul. 9, allowing more time for negotiations. While China was not on the latest tariff list, Trump also warned of an additional 10% levy on countries aligning with the “Anti-American policies of BRICS,” as the bloc convened for a summit in Brazil. Domestically, investors looked ahead to key inflation and trade data due later this week, which could offer insight into the broader economic impact of evolving US-China trade relations. Technology stocks led the gains, with notable advances from Foxconn Industrial (+8.9%), Victory Giant (+7.6%), Eoptolink Technology (+4.4%), Zhongji Innolight (+3.2%), and Tansun Technology (+15%).

China Stocks Rise as Trump Unveils New Tariff Rates

Hong Kong stocks rose 166 points or 0.7% to 24,051 in Tuesday morning’s session, snapping a three-day losing streak. Sentiment improved after U.S. President Trump left the door open to further trade talks, even as he imposed new tariffs on several countries. Hopes also grew that China may be spared from additional or fresh levies after a trade truce with the U.S., with the broad “reciprocal” tariffs set to take effect on August 1. In local data, Hong Kong’s forex reserves rose for the second straight month in June, hitting the highest level in nearly 2-1/2 years. However, a weak lead from Wall Street capped further gains. Traders were also cautious ahead of China’s June CPI and PPI data, amid persistent deflation risks. In May, consumer prices fell for a fourth month and producer deflation worsened. Most sectors advanced, led by financials, tech, and consumer stocks. Notable gainers included Kuaishou Tech (2.9%), Chow Tai Fook Jewellery (2.5%), Sunny Optical (2.1%), and Xiaomi (1.8%).

Hong Kong Equities Rise After 3-Day Slide

The benchmark KOSPI rose 1.5% to around 3,105 on Tuesday, extending gains from the previous session, as investor concerns eased following a US tariff deadline extension to August 1. On Monday, President Trump released letters announcing new 25% tariffs set for goods imported to the US from Japan, South Korea, Malaysia, Kazakhstan and Tunisia. The letters stated that the US may “perhaps” reconsider tariff levels, “depending on our relationship with your Country.” The delay provided markets temporary relief and raised hopes that South Korea and the US could reach trade accommodations before the tariffs take effect. On the corporate front, gains were led by Samsung Electronics (0.2%), SK Hynix (3.0%), LG Energy Solution (0.2%), Hyundai Motor (0.5%), KB Financial Group (4.5%), Hanwha Aerospace (0.8%), and Doosan Enerbility (4.5%).

South Korea Shares Rise Amid Tariff Deadline Extension

The S&P/ASX 200 fell 0.3% to 8,567 on Tuesday, extending losses from the previous session as fresh US tariff threats and the postponement of a trade deal deadline stoked global market uncertainty. President Donald Trump announced updated tariff rates targeting fourteen countries that have yet to finalize trade agreements with Washington, with the revised measures including a 25% duty on major exporting nations such as Japan and South Korea. Meanwhile, Trump also signed an executive order delaying the implementation of reciprocal tariffs from July 9 to August 1, citing discussions with senior administration officials as the basis for the extension. In Australia, investors now await the latest monetary policy decision due later today, with market expectations pointing to a 25 basis point rate cut to 3.60%. Among individual stocks, leading decliners included BHP Group Limited (-2.1%), Rio Tinto Limited (-2%), Fortescue Ltd (-1.3%), and CSL Limited (-1.3%).

Australian Shares Fall for Second Session

The Nikkei 225 rose 0.3% to surpass 39,700, while the broader Topix Index added 0.1% to 2,815 on Tuesday, recouping some losses from the previous session after US President Donald Trump announced that Japan will face a 25% tariff starting Aug. 1, allowing more time for negotiations. The is lower than the previously threatened rate of up to 35%, easing some investor concerns. Meanwhile, Japanese Prime Minister Shigeru Ishiba signaled a firm stance, stating on Sunday that he will not “easily compromise” in talks with Washington. On the domestic front, data showed Japan’s current account surplus exceeded expectations in May, offering additional support to sentiment. Among the notable gainers were Fujikura (+4%), Furukawa Electric (+5.5%), Recruit Holdings (+2%), Advantest (+1.7%), and Tokyo Electron (+0.8%).

Japanese Shares Rise as Trump Sets New Tariff Rate

US stock futures edged lower on Tuesday after President Donald Trump unveiled revised tariff rates on 14 countries that have yet to reach trade agreements with Washington. The updated measures include a 25% levy on key exporting nations such as Japan and South Korea, as well as Laos, Myanmar, Cambodia, Thailand, Bangladesh, Serbia, Indonesia, Bosnia and Herzegovina, South Africa, Kazakhstan, Malaysia, and Tunisia. Trump also signed an executive order extending the deadline for reciprocal tariffs to August 1 from the previous date of July 9, noting that the decision followed consultations with senior administration officials. In a further escalation, the president warned of an additional 10% tariff on countries supporting what he described as the “Anti-American policies of BRICS,” referencing the bloc’s summit currently underway in Brazil. In Monday’s regular session, the Dow fell 0.94%, the S&P 500 declined 0.79%, and the Nasdaq Composite dropped 0.92%.

US Futures Decline as Trump Announces New Tariff Rates

The NZX fell 28 points, or 0.2%, to 12,737 in morning trade on Tuesday, after being flat in the previous session, tracking a fall on Wall Street overnight as traders continued to monitor the development of trade tariffs. Worries grew after US President Donald Trump announced plans to impose a 25% tariff on imports from Japan and South Korea, along with a 25%–40% tariff range for another 14 countries, including South Africa and Thailand. Caution also built ahead of the RBNZ monetary policy decision on Wednesday, with the central bank expected to hold the interest rate at 3.25%. Traders also anticipated the release of consumer and producer price data from New Zealand's top trading partner, China, amid continued weak domestic demand on the mainland. Industrials, consumer staples, and communication services mainly weighed on the NZX 50. Early losers included Briscoe Group (-1.3%), Freightways Group (-0.8%), Mainfreight (-0.7%), A2 Milk (-0.5%), and Westpac Banking Corporation (-0.3%).

New Zealand Stocks Trade Lower

In New York,  the Dow Jones Index decreased 449 points or 1.00 percent on Monday. Losses were driven by Amgen (-2.20%), Sherwin-Williams (-2.19%) and Caterpillar (-2.14%).

The Dow Jones Index Closes 1.00% Lower

The Ibovespa tumbled 1.3% on Monday to finish at 139,490, relinquishing its recent record high as President Trump’s weekend declaration—threatening blanket tariffs on “anti-American” BRICS nations and 25% duties on all Japanese and Korean imports from August?1—reignited fears of a global trade conflagration that could hammer Brazil’s commodity giants, with Petrobras sliding 0.5%, Vale off 1.6% and other miners following suit. Domestically, June’s producer-price index plunged 1.29%, its steepest decline in nearly two years, while industrial output contracted for a second consecutive month, highlighting the drag of a still-elevated 15% Selic rate on manufacturing. Adding to the malaise, the unresolved IOF-tax standoff in Congress and before the Supreme Court, coupled with the absence of new fiscal or infrastructure initiatives from Lula’s government, deepened investor caution just as global risk aversion surged.

Ibovespa Gives Up Record High

The TSX pared most of its early-session losses to finish marginally lower at 27,020 mark on Monday as investors balanced fresh trade uncertainty against supportive commodity and domestic data. The index initially sold off on lingering concerns over President Trump’s looming tariff deadline—now delayed to August?1st—and threats of 50% duties on metals exporters, which weighed on resource names. However, gold miners rebounded after steep early declines, buoyed by a modest rise in gold prices and expectations that safe-haven flows would not disrupt bullion demand entirely. Meanwhile, June’s trade deficit narrowed slightly on firmer exports, and Canada’s July housing market index held near its six-month high, together reinforcing that domestic growth remains uneven but far from collapsing—even as trade tensions linger.

TSX Starts Week Just Below Record Highs

Stocks in the US fell sharply on Monday as President Trump reignited trade tensions by unveiling a wave of new tariffs and extending the deadline for their implementation to August 1. The S&P 500 and Nasdaq each lost 0.8%, pulling back from record highs reached last week, the Dow dropped 422 points. Trump posted letters on social media announcing 25% tariffs on imports from Japan and South Korea, with additional levies of up to 40% targeting goods from countries like Malaysia, Myanmar, and South Africa. He also warned of an extra 10% tariff on nations aligning with the “Anti-American policies of BRICS,” as the bloc held a summit in Brazil. Treasury Secretary Scott Bessent confirmed more trade announcements were expected within 48 hours. Shares of trade-sensitive companies such as Toyota (-3.9%), Honda (-3.8%), Apple (-1.7%), and AMD (-2.2%) fell, while Tesla slid 6.8% after Elon Musk’s announcement of a new political party drew investor backlash.

US Stocks Slide on New Tariffs and Trade Deadline Shift

US stocks extended losses, with the S&P 500 and the Nasdaq off about 0.8% and the Dow plunging more than 450 points, as investors grappled with an escalation of President Trump’s tariff campaign. In a pair of posts on Truth Social, Trump revealed that blanket 25% duties on all Japanese and South Korean imports will take effect August 1st, adding to existing sector-specific levies—and warned that any nation “aligned with the anti-American policies” of the BRICS bloc will incur an extra 10% tariff. These announcements, which Treasury Secretary Scott Bessent said will be followed by multiple similar letters over the next 48 hours. Toyota and Honda shares slid over 4%, while chipmakers AMD and Nvidia slipped modestly. At the same time, Tesla tumbled more than 7% after CEO Elon Musk’s weekend declaration that he will form a new political party, heightening concerns that his political forays could dilute the company’s brand and dent electric-vehicle sales.

US Stocks Extend Losses After Tariff Shock

In Milan,  the FTSE MIB Index went up by 292 points or 0.74 percent on Monday. Top gainers were Buzzi Unicem (4.73%), Iveco Group (3.51%) and Assicurazioni Generali (2.53%). Biggest losses came from Saipem (-2.61%), ERG (-2.27%) and Stellantis N.V. (-1.61%).

The FTSE MIB Index Closes 0.74% Higher

In Frankfurt,  the DAX Index rose 286 points or 1.20 percent on Monday. Leading the gains are HeidelbergCement (2.96%), Siemens Energy (2.57%) and Rheinmetall (2.44%).

The DAX Index Closes 1.20% Higher

The FTSE 100 declined on Monday as trade tensions resurfaced ahead of the expiration of US President Trump’s 90-day tariff pause on Wednesday. The UK is rushing to finalize a deal with the US to eliminate tariffs on British steel, with fears the levy could jump to 50%, threatening an already fragile domestic steel industry. Energy stocks led losses after Shell issued a downbeat Q2 outlook, citing weaker gas trading performance. Shell fell nearly 2.5% and BP about 2%. Homebuilders weighed on the index despite positive housing data from Halifax. Persimmon and Taylor Wimpey both dropped around 1%. Miners also struggled due to falling copper and gold prices, with Glencore, Anglo American, Endeavour, and Fresnillo down between 0.4% and 1.6%.

FTSE 100 Edges Down on Monday

The CAC 40 index rose 0.2% to around 7,715 on Monday, recovering some losses from the previous session as investors closely monitored developments ahead of US tariff deadlines. The EU is aiming to avoid a major tariff escalation by working toward a preliminary agreement that would include a 10% universal tariff on many goods, with lower rates for key sectors such as pharmaceuticals, alcohol, semiconductors, and commercial aircraft. This was after a White House official said on Friday that trade negotiations between the US and the EU are ongoing, with optimism that an agreement could be reached soon. On the corporate front, SocGen rose by 3.6%, Safran by around 2.0% and Hermes International by 1.8%. Meanwhile, IT services company Capgemini fell 5.8% after agreeing to acquire technology outsourcing company WNS for $3.3 billion in cash. Oil-related stocks, such as TotalEnergies (-1.6%), also came under pressure after OPEC+ announced a larger than expected production increase for August.

French Stocks Rebounds Even Tariff Concerns

The Ibovespa edged down 0.4% on Monday, slipping below 141,000 as investors adopted a cautious stance ahead of the US deadline for reciprocal tariffs. Uncertainty around the measure—and the possibility of a last-minute reversal by President Trump, as seen in the past—has led to a “wait-and-see” mood. Trump’s remarks took a harsher tone, warning that BRICS-aligned countries could face an additional 10% tariff, adding pressure on emerging market assets, including Brazil. Domestically, the dispute between the executive and legislative branches over the IOF tax also remains in focus and continues to weigh on sentiment. Shares of Vale (-0.3%) and Petrobras (-0.3%) declined, while major banks were near flat. Retailers traded mixed (Americanas +0.7%, Magazine Luiza -0.2%), Embraer edged up 0.1%, and Eletrobras was flat.

Brazil Stocks Dip Before US Tariff Deadline

The S&P/TSX Composite slipped about 0.2% to below the 27,000 mark on Monday, easing from its record high as investors absorbed news of an extended US tariff reprieve alongside mounting domestic policy risks. President Trump’s decision to delay reciprocal tariffs until August?1st, three weeks beyond the original deadline, provided fleeting relief for exporters even as it underscored the specter of duties of up to 70% on key Canadian exports. Ottawa’s contemplation of direct aid for aluminum producers further highlighted the fiscal burden of protracted trade disputes. Leading the downturn, major miners Agnico Eagle, Wheaton Precious Metals, Barrick Gold and Franco-Nevada each fell 1.6–2.9% as gold eased after the US signaled progress on several trade pacts. Energy stocks and tech heavyweights also weighed on the index, even as the financial sector’s solid gains helped temper the slide.

TSX Eases From Record High

The FTSE MIB rose about 0.4% on Monday to trade above 39,700, in line with gains across Euro Area markets, as investors assessed signs that the US may push back its July 9 trade deal deadline. President Donald Trump said Sunday that several trade pacts are close to being finalized, with countries to be notified of higher tariff rates by July 9, set to take effect August 1. The US initially proposed a base 10% tariff in April, with some duties reaching 50%, but most were delayed until this week. The EU is aiming to avoid a major tariff escalation by working toward a preliminary agreement that would include a 10% universal tariff on many goods, with lower rates for key sectors such as pharmaceuticals, alcohol, semiconductors, and commercial aircraft. On the corporate front, Buzzi (+3.3%), Azimut (+1.4%), and Finecobank (+1.3%) led gains, while Snam (-1.6%), Saipem (-1.6%), and Stellantis (-1.5%) declined.

FTSE MIB Rises as Markets Eye Possible US Tariff Delay

US stocks were lower on Monday, with the S&P 500 down 0.4% and Nasdaq falling 0.7% and the Dow Jones losing nearly 80 points. Investors returned from an extended weekend to digest fresh trade developments. President Trump announced that the US would unveil new trade deals and send formal notifications to countries without agreements, outlining their new tariff levels. He also confirmed that reciprocal tariffs will take effect on August 1, providing a three-week window for further negotiations before the current 90-day truce expires on Wednesday. In addition, Trump warned that any country aligning itself with the "anti-American policies" of the BRICS bloc would face an additional 10% tariff.  Consumer discretionary was by far the worst performing sector while real estate managed to stay in the green. Tesla shares tumbled more than 7% after Elon Musk announced plans to launch a new political party, raising investor concerns over potential damage to Tesla’s brand and sales.

US Stocks Kick Off the Week in The Red

European stocks gained momentum on Monday afternoon, with the STOXX 50 up 0.7%, after the EU signaled progress on a trade deal with the US. The bloc is aiming to avoid a major tariff escalation by working toward a preliminary agreement that would include a 10% universal tariff on many goods, with lower rates for key sectors such as pharmaceuticals, alcohol, semiconductors, and commercial aircraft. At the same time, the EU is preparing retaliatory tariffs on a range of US products in response to Trump’s metal duties. Officials also warned that additional measures—such as export controls and limits on US access to public contracts—could be introduced if no deal is reached. Elsewhere, energy stocks came under pressure after OPEC+ announced a larger-than-expected output increase for August. In single-stock moves, Siemens Healthineers and other German medical tech firms fell after China imposed counter-sanctions on EU medical devices. Merck KGaA also declined following a broker downgrade.

European Stocks Rise as EU Nears Trade Pact with US

Frankfurt's DAX gained ground to trade about 0.9% firmer around 23,990 on Monday, outperforming its regional peers, amid optimism around a potential trade agreement between the EU and the US. The European Union announced it is nearing a framework trade agreement with the US, following a call between European Commission President Ursula von der Leyen and President Donald Trump on Sunday. On the same day, President Trump extended the 90-day suspension of Liberation Day (April 2) tariffs from July 9 to August 1, though formal tariff notifications or trade agreements are still expected by the original July 9 deadline. On the domestic front, Germany’s industrial production rose 1.2% month-over-month in May, compared to market estimates of no change and rebounding from a revised 1.6% decline in April. Top gainers included Heidelberg Materials, Commerzbank, Siemens Energy, Adidas, Allianz and SAP, adding between 1.5% and 2.5%. Merck and RWE underperformed, down 1.8% and 0.9%.

DAX Extends Gains and Outperform

US futures were mostly lower on Monday, with S&P 500 contracts down 0.2% and Nasdaq 100 futures falling 0.4%, while the Dow Jones hovered near the flatline. Investors returned from an extended holiday to digest fresh trade developments. President Trump announced that the US would unveil new trade deals and issue tariff warnings, setting August 1 as the effective date for reciprocal tariffs, leaving a three-week window for further negotiations. The European Union, meanwhile, stated it is nearing a framework trade agreement with the US. Additionally, Trump warned that any country aligning itself with the "anti-American policies" of the BRICS bloc would face an extra 10% tariff on imports to the US. On the corporate front, Tesla shares tumbled nearly 6% in premarket trading after Elon Musk announced plans to launch a new political party, raising investor concerns over potential damage to Tesla’s brand and sales.

US Futures Point to Weak Open

Athens General increased to a 15-year high of 1922.00 Index Points. Over the past 4 weeks, Athens Stock Exchange General gained 3.52%, and in the last 12 months, it increased 32.41%.

Stocks in Greece Hit 15-year High

SASX-10 increased to a 16-year high of 1388.00 Index Points. Over the past 4 weeks, Sarajevo Stock Exchange Index 10 gained 3.67%, and in the last 12 months, it increased 27.32%.

Stocks in Bosnia And Herzegovina Hit 16-year High

India's BSE Sensex closed virtually unchanged at 83,442.5 on Monday, as gains in consumer and oil & gas stocks were offset by declines in financial and IT shares. Meanwhile, caution prevailed ahead of a potential mini India–US trade deal and broader US tariff changes expected by July 9. US President Donald Trump stated on Sunday that trade deals with multiple countries are nearly complete and that official notification about new tariff rates will be issued by July 9, with new rates effective August 1st. Traders also braced for the release of the US Federal Reserve’s meeting minutes later this week for guidance on the central bank’s monetary policy path. Among individual stocks, Hindustan Unilever led the gains with a 3% advance, followed by Kotak Bank, ITC, Asian Paints, Reliance, Adani Ports and Trent, adding up to 1.1%.

Sensex Ends on Cautious Note

The FTSE MIB edged down to around 39,650 on Monday, extending losses from the previous session as investors weighed trade developments. President Trump is expected to send out roughly a dozen formal tariff warning notices, though it remains unclear whether EU nations will be included. He also announced plans for an additional 10% duty on countries that support what he called the BRICS bloc’s "anti-American policies." Meanwhile, Commerce Secretary Howard Lutnick confirmed that the broader US tariff measures will now be delayed until August 1, offering trading partners a brief reprieve. Across the bourse, notable losses came from Stellantis and Saipem, both falling nearly 2%. Other key Italian stocks were also in the red, including Eni, STMicroelectronics, Snam, and Tenaris, which declined between 0.5% and 0.8%. On the upside, Assicurazioni Generali (+1.1%), UniCredit (+0.7%), and Leonardo (+0.7%) posted gains.

Italian Stocks Start the Week Lower

The Hang Seng fell 28 points or 0.12% to close at 23,888 on Monday, marking its third session of losses, weighed by falls in consumer and financial stocks. Cautious investors digested a fresh warning from U.S. President Trump that BRICS countries could face an additional 10% tariff. Traders also grew cautious ahead of China’s June CPI and PPI data, due later this week, after four months of falling consumer prices and the steepest producer deflation in nearly two years. Losses were trimmed somewhat as China, one of the BRICS members, is unlikely to be hit by new levies due to a trade truce with Washington. Major losers included China Hongqiao (-2.8%), Meituan (-2.6%), and Nongfu Spring (-2.2%). Pharma stocks dipped, including Wuxi Biologics (-4.6%), Innovent Biologics (-4.5%), and Akeso (-2.9%), after Beijing curbed government buying of EU medical devices in retaliation. On the upside, Zhejiang Leapmotor jumped 5.3% after signing a CO2 credits transfer deal with Stellantis subsidiaries.

Hang Seng Pares Losses at Finish

BELEX 15 increased to a near 17-year high of 1204.00 Index Points. Over the past 4 weeks, Belgrade Stock Exchange 15 gained 2.73%, and in the last 12 months, it increased 20.17%.

Stocks in Serbia Hit Near 17-year High

The CAC 40 fell index edged up 0.1% to around 7,705 on Monday, recouping some losses from the previous session, as investors closely monitored developments ahead of the US tariff deadlines. The US is expected to begin notifying countries of higher tariffs this week, with rates set to take effect on August 1 and most trade deals or letters anticipated by July 9, though it's unclear if EU countries are included. President Trump also warned that any country aligning with BRICS' "anti-American policies" would face an additional 10% tariff, with no exceptions. Meanwhile, a White House official said Friday that the US–EU trade talks are ongoing, with optimism that an agreement could be reached soon. On the corporate front, IT services firm Capgemini fell 2.8% after agreeing to acquire tech outsourcing firm WNS for $3.3 billion in cash. Oil-related stocks, such as TotalEnergies (-1.7%), also came under pressure after OPEC+ announced a larger-than-expected output increase for August.

French Stocks Cautiously Higher

The FTSE 100 traded slightly lower on Monday as trade tensions returned to focus, with the end of U.S. President Donald Trump’s 90-day pause on reciprocal tariffs looming on Wednesday. Energy stocks led losses after OPEC+ announced a larger-than-expected production hike for next month, raising concerns about oversupply. Shell dropped nearly 3% and BP fell over 1%. Shell also issued a downbeat Q2 update, warning that gas trading performance will be significantly weaker than in Q1. Mining stocks were under pressure as well, with Glencore, Anglo American, Endeavour, and Fresnillo slipping between 0.3% and 1% on falling copper and gold prices. On the domestic front, uncertainty surrounding fiscal policy added to the cautious mood, after U.K. Chancellor Rachel Reeves, in an interview with The Guardian, declined to rule out tax hikes in the upcoming autumn budget.

FTSE 100 Starts Week Lower

Frankfurt's DAX edged up 0.3% toward 23,870 on Monday in cautious trading, as investors awaited a potential trade agreement between the European Union and the United States. On July 6, President Trump extended the 90-day suspension of the Liberation Day (April 2) tariffs from July 9 to August 1. Despite the extension, the US administration is expected to issue formal tariff notifications or conclude trade agreements by the original July 9 deadline. On the domestic front, Germany’s industrial production rose 1.2% month-over-month in May, surpassing expectations of no change and rebounding from a revised 1.6% decline in April.

DAX Cautiously Higher

European stocks were little changed on Monday, with the STOXX 50 holding near 5,300 and the STOXX 600 flat at 541, as investors digested fresh signals from the US on trade policy. President Trump is expected to issue around a dozen formal tariff warning letters, though it's still unclear whether EU countries will be among the recipients. He also announced plans for an additional 10% levy on countries aligning themselves with the "Anti-American policies" of the BRICS bloc. Meanwhile, Commerce Secretary Howard Lutnick confirmed the broader US tariff package—initially set to take effect on July 9—will be delayed until August 1, giving trading partners a short reprieve. Oil-related stocks came under pressure after OPEC+ announced a larger-than-expected output increase for August. In single-stock moves, Siemens Healthineers and other German medical tech firms fell after China imposed counter-sanctions on EU medical devices. Merck KGaA also declined following a broker downgrade.

STOXX Steady as Markets Weigh US Trade Moves

The Shanghai Composite edged up 0.02% to close at 3,473, while the Shenzhen Component fell 0.7% to 10,435 on Monday, as Chinese equities struggled for direction amid persistent trade tensions. Investor sentiment was weighed down after US President Donald Trump confirmed that sweeping reciprocal tariffs will take effect on August 1, giving countries without a deal with the US a final three-week window to negotiate. Trump further escalated tensions by threatening an additional 10% tariff on countries aligning with what he called “anti-American policies on BRICS.” On the domestic front, investors remained cautious ahead of key inflation and trade data due this week, which may shed light on the broader economic impact of shifting US-China trade dynamics. Notable laggards included Zhongji Innolight (-3.1%), Victory Giant (-1.4%), and Eoptolink Technology (-1.5%).

China Stocks Struggle Amid Trade Uncertainty

The S&P/ASX 200 fell 0.2% to close at 8,589 on Monday, reversing gains from the previous session, pressured by declines in gold stocks. Market caution also persisted as the US is expected to begin notifying countries of higher tariffs this week, with rates set to take effect on August 1 and most trade deals or letters anticipated by July 9. Trump also warned that any country aligning with BRICS' "anti-American policies" would face an additional 10% tariff, with no exceptions. At home, markets have nearly fully priced in a 25bps cut by the RBA on Tuesday—its third this year—bringing the cash rate to 3.6% as inflation and growth eases. However, stronger June job ads and a steady jobless rate point to labor market strength, challenging the dovish outlook. On the corporate side, gold miners dropped over 2% due to lower bullion prices. Heavyweight miners BHP and Rio Tinto also fell 0.3% and 0.2%, respectively. Conversely, healthcare stocks surged 1.9%, led by biotech giant CSL (2.2%).

Australian Stocks Finish Lower

In Tokyo,  the Nikkei 225 Index fell 223 points or 0.56 percent on Monday. Leading the losses are Yaskawa Electric (-8.97%), Furukawa Electric (-3.76%) and Fanuc (-3.18%). Top gainers were Nippon Sheet Glass (3.66%), Nippon Express (2.62%) and NEC (2.34%).

The Nikkei 225 Index Closes 0.56% Lower

European equity markets were poised for a subdued start on Monday as investors weighed persistent global trade tensions. In the latest development, US President Donald Trump threatened to impose an additional 10% tariff on countries aligning with what he called “anti-American policies on BRICS.” Traders are also awaiting fresh data releases, including Eurozone retail sales and the UK’s Halifax house price index, for further market direction. In premarket trading, Euro Stoxx 50 futures edged up 0.1%, while Stoxx 600 futures were little changed.

European Markets Set for Muted Open

New Zealand’s benchmark S&P/NZX 50 index closed flat near 12,765 on Monday, pausing after gains in the previous session as investors weighed global trade developments. President Donald Trump confirmed that his sweeping reciprocal tariffs will take effect on August 1, while granting most affected countries a three-week window to continue discussions. Domestically, the Reserve Bank is widely expected to keep its cash rate at 3.25% this week, marking its first pause after six consecutive rate cuts. Still, investors anticipate one or two more 25-basis-point cuts later this year due to downside risks from the economic impact of US tariffs. Across the bourse, losses were led by Hallenstein Glassons (-2.8%), Sanford (-2.6%), Napier Port (-2.4%), and Gentrack (-2.4%), while gains were driven by Ryman Healthcare (+3.4%), Infratil (+2.9%), Seeka (+2.2%), and Spark NZ (+1.1%).

New Zealand Shares Finish Flat

The BSE Sensex was nearly flat, trading around 83,418 in early deals on Monday, following gains in the previous session, as traders remained cautious amid uncertainty surrounding US tariff plans, with signals pointing to a possible delay. The Nifty 50 was also little changed, hovering near 25,450. Small-cap stocks were flat, while mid-caps edged up 0.2%. Caution prevailed as investors awaited the release of the US Federal Reserve’s meeting minutes later this week for guidance on the central bank’s monetary policy path. Traders also looked ahead to consumer and producer price data from China, amid persistent weakness in domestic demand on the mainland. Gains in oil & gas and consumer durables helped offset losses in metals, healthcare, technology, and banking. Among individual stocks, Hindustan Unilever rose 1.8%, Asian Paints gained 1.0%, and NTPC added 0.8%. On the downside, Tech Mahindra, Maruti Suzuki, and Sun Pharmaceutical fell by 0.9%, 0.7%, and 0.6%, respectively.

India Stocks Start the Week on a Muted Note

The Shanghai Composite slipped 0.15% to below 3,470, while the Shenzhen Component fell 0.6% to 10,450 on Monday, as mainland stocks gave back some of last week’s gains amid lingering trade uncertainty. Investor sentiment was dented after US President Donald Trump confirmed that sweeping reciprocal tariffs will take effect on August 1. Treasury Secretary Scott Bessent earlier warned that tariffs would revert to April 2 levels for countries that have not secured a deal with the US by that date. So far, only China, the UK, and Vietnam have reached partial trade agreements with Washington. Investors are also awaiting fresh inflation and trade data from China this week, which may offer clues on how the evolving US-China trade dynamic is impacting the world’s second-largest economy. Among the notable decliners were Zhongji Innolight (-4.1%), Victory Giant (-1.5%), and Eoptolink Technology (-1.7%).

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