President Donald Trump’s announced series of preliminary trade agreements are likely to put downward pressure on the U.S. dollar (DXY) over time, according to Goldman Sachs. “The deals have been generally consistent with our economists’ expectations for a reset higher in the baseline tariff rate offset by some key reductions in sectoral tariffs,

President Donald Trump is meeting with United Kingdom Prime Minister Keir Starmer in Turnberry, Scotland, this morning to discuss trade. The U.S. and United Kingdom reached an agreement on tariffs in May. Yesterday, Trump announced a trade deal with the European Union that would set tariffs at 15% for U.S. imports of most European goods.

Asian equities were mostly higher overnight as Vietnam and Indonesia outperformed while Japan and India underperformed. Hong Kong and Mainland China were both higher overnight on high volumes as health care stocks outperformed,

Questions, critiques and discrepancies are hanging over the framework agreement, but investors seem to view it as a win all the same.

President Donald Trump announced a trade agreement with Japan on Tuesday, making it the largest U.S. trade partner to broker an accord as the White House threatens to impose tariffs on dozens of countries within days.

CHINA TRADE TALKS: Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer, meanwhile, are meeting with Chinese officials in Stockholm, Sweden, today for another round of trade talks ahead of an Aug. 12 deadline for steep tariffs on both U.S. and Chinese goods to go into effect.

France denounced the trade agreement between the European Union and the U.S. as a "submission" on Monday though other EU states largely backed a deal they acknowledged was lopsided but which averts an economically damaging trade war with Washington.

Cheniere Energy shares were higher ahead of today's session following a trade deal between the U.S. and the European Union.