Market Uncertainty Persists Despite EU-US Trade Agreement
Expert analysis highlights ongoing market uncertainty despite the EU-US trade deal.
- • Market uncertainties remain despite EU-US trade agreement, says expert.
- • Economic pressure persists from EU countries, seeking to address market tensions.
- • Cautious optimism exists, but fundamental issues continue to influence the market.
Key details
In light of the newly struck EU-US trade agreement, significant market uncertainties remain, according to analysis from SEB's senior economist Robert Bergqvist. He acknowledges that while the trade deal may offer a measure of relief, the fundamental issues causing instability in the market are still present. Bergqvist stated that there has been considerable pressure from the 27 EU member nations to alleviate these ongoing tensions, akin to "drawing away the wet blanket" that has been obscuring market clarity.
Although the deal brings cautious optimism, it does not fully resolve underlying risks that continue to affect market dynamics. Bergqvist emphasizes that these uncertainties are likely to persist, indicating that businesses and investors should remain vigilant despite the potential for improved stability following the agreement.