NewzVille Business Desk
Global stock markets saw gains on Monday, with European and Asian indices moving higher after the United States and European Union finalized a major trade agreement.
Announced at Donald Trump’s Scotland golf resort, the deal imposes a 15% tariff on select EU exports—including autos and semiconductors—and averts a wider trade war.
In return, Brussels has pledged $750 billion in US energy purchases and $600 billion in investments.
The market reaction was swift:
Hong Kong’s Hang Seng rose 0.8% to 25,584.19,
While Tokyo’s Nikkei dipped 1.1% to 40,998.27.
Investors are now turning their focus to upcoming US-China trade talks, tech sector earnings, and updates from the Federal Reserve later this week.
