Tariff and oil volatility converge on July 9

Tuesday, July 9 marks a key deadline for two major market-moving events. 

Tuesday is the official deadline for U.S.–EU trade negotiations. While a full deal is off the table, the EU hopes to secure a last-minute “agreement in principle” to avoid a threatened 50% U.S. tariff on some European exports. 

President Trump’s history of moving deadlines adds uncertainty. Traders might like to watch for sharp intraday moves in EUR/USD and European equities tied to tariff risk. 

OPEC’s International Seminar also kicks off on the 9th in Vienna. Energy ministers and CEOs from BP, Shell, and others will speak on oil supply, investment, and long-term strategy. 

Crude has been volatile in July, and any signs of supply shifts or policy changes could drive WTI and Brent in either direction. 

For the exact date and time of these major economic events, import the BlackBull Markets Economic Calendar to receive alerts directly in your email inbox.        

Economic Calendar

Most Traded

Trading Opportunities

What data releases are at risk from the shutdown?

Can gold smash through $4,000 this month?

Bitcoin establishes early Uptober support base?

Positioning for a U.S. government shutdown: gold, Nasdaq 100, EUR/USD

Limited offer:

Get Free

The TraderKeys keyboard can take your gold trading to the next level, with preprogrammed hot keys enabling you easily execute and modify trades.

Join Now