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Top Headlines

EU–US Tariff Deal Finalized
The European Union has agreed to a 15% tariff rate in a trade deal with the United States, concluding months of tense negotiations. EU Commission President Ursula von der Leyen described the outcome as “the best we could get,” signaling limited room for further concessions.

ECB Sees Balanced Inflation Risks
European Central Bank official Piero Cipollone told a newspaper that inflation risks in the eurozone are now balanced, suggesting the ECB may adopt a more cautious stance going forward.

Fed Faces Tough Internal Debate
The US Federal Reserve is heading into a contentious policy debate, with markets increasingly anticipating a rate cut this fall. The decision is expected to divide policymakers.

Markets Await Key Data and Policy Moves
Bond traders are holding positions ahead of a high-stakes week that includes the Fed meeting, US Treasury refunding announcements, and the July jobs report.

Investors Turn to Exotic Options
With US equities at record highs, some traders are using complex or exotic options to hedge risk, reflecting underlying market caution despite bullish momentum.

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Corporate and Tech News

Roche Launches Alzheimer’s Prevention Trial
Roche is set to test whether a new drug can prevent Alzheimer’s disease. This marks a strategic shift toward prevention rather than just treatment.

US Chip Import Probe Nears End
The United States will announce findings from its semiconductor import investigation within two weeks, with potential implications for global tech supply chains.

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Geopolitics and Policy

China–US Tariff Pause Extended
At bilateral talks in Sweden, China and the United States agreed to extend their mutual tariff suspension by another 90 days, reflecting cautious progress in trade relations.

Beijing Targets Industrial Overcapacity
China announced measures to curb excess industrial production, as its factories continue to face shrinking profits amid global demand pressures.

France Maintains Pressure on Israel
Despite Israel’s partial pause in Gaza operations to allow humanitarian aid, France is holding a firm diplomatic line, maintaining criticism and calls for broader restraint.