Daily Report

15 de Julho de 2025
Financial Markets | daily report 15.07.2025
  • Investors traded cautiously amid trade tension escalations and heightened uncertainty, with all eyes on today's U.S. CPI report for June. The market's reaction to tariff threats was rather muted, with sovereign yields edging higher on both sides of the Atlantic, and equity markets posting slight gains in the U.S. and slight losses in the euro area.
  • On the trade front, following Trump's 30% tariff threat, the EU warned of countermeasures if no deal is reached before August 1st, but the EU trade chief remarked there is still "potential to continue the negotiations". Regarding the threat to Mexico, the White House clarified the 30% tariff will not apply to goods complying with the USMCA.
  • Elsewhere in FX markets, the dollar continued to gain against the euro, which traded around $1.16. Bitcoin hit a new record high at $120,000 ahead of a debate in the U.S. Congress of several laws related to cryptocurrencies. In commodities, crude prices dropped below $70/barrel of Brent.