This week is crucial for macroeconomic news, central bank decisions, and trade policy developments, shaping the rest of the year.

US imposes 15% tariffs on most EU goods, retains 50% tariff on steel and aluminum. EU to invest $600 billion in US, purchase $750 billion in US energy.

US-China expected to extend trade truce by 90 days. US executives visit China for trade talks.

UK and US leaders meet in Scotland to discuss trade deal, Middle East ceasefire.

US announces trade deals with UK, Vietnam, Philippines, Indonesia, Japan, and EU.

Key economic data releases include US GDP, German GDP, and US Non-farm Employment.

Markets react positively to trade deals, dollar strengthens.

No rate cuts expected in 2025, inflation impact of tariffs may not show until Q4 2025.

Morgan Stanley forecasts no rate cuts in 2025, sees longer-term risks to the dollar.

Read more at Investing.com: Tariffs, Trade Deals, and Central Bank Watch: A Critical Week for Markets