US assets have started the week strong, with both the dollar and equities on the rise. Euro is suffering due to European leaders questioning the US-EU trade deal. Gold is holding steady, while oil fails to benefit from Trump’s Russia comments. A light calendar today, but the 7-year US auction could cause volatility. US stocks are on the rise, with Visa reporting today and tech earnings from Microsoft, Meta, Apple, and Amazon later this week. The EU-US trade deal is causing second thoughts among Europeans, with concerns about inflated figures and lack of control over private sector investments. The August 1 tariff deadline is approaching, with countries trying to avoid increased tariffs. Today’s calendar is light, with focus on US housing data and the PMI index. Auction may disappoint due to increased T-bill issuance.
Read more at Investing.com: US Dollar Extends Rally as US-EU Trade Deal Boosts Risk Appetite
