Asia Markets Steady as Trump Delays EU Tariff Dead…

From Financial Modeling Prep: 2025-05-26 07:23:00

Stock markets in Asia remained steady as President Trump postponed the 50% tariff threat on EU goods from June 1 to July 9, easing trade tensions. MSCI’s Asia‑Pacific ex‑Japan index dipped 0.07%, while European futures surged over 1.5%.

Trump’s tariff deadline extension follows a request from the European Commission President for more time to negotiate a favorable deal. Stay informed on key policy dates and U.S.-EU trade talks using the Economics Calendar API, which tracks global trade events and central bank meetings.

The euro strengthened against the dollar due to the tariff delay and investors shifting focus to Europe and Asia amidst U.S. recession concerns. Monitor the EUR/USD movement in real time with the Forex Daily API, providing intraday and end-of-day data for currency pairs worldwide.



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