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Relentless Push: Russia Claims Strategic Edge in Ukraine Offensive

  Servicemen of the 115th Separate Mechanised Brigade of the Ukrainian Armed Forces use an RPG-7 grenade launcher during training between combat missions, in Kharkiv region, Ukraine. Russia’s top military commander, General Valery Gerasimov, has declared that Russian forces are conducting a non-stop offensive along nearly the entire front line in Ukraine, asserting that the “strategic initiative” now lies with Moscow. According to Gerasimov, Russian troops have intensified airstrikes on Ukrainian cities far from the battlefield, including a recent attack on Kyiv that killed at least 23 people and wounded 38. He reported that since March, Russia has seized more than 3,500 square kilometers of territory , captured 149 villages, and now controls the vast majority of the Luhansk, Donetsk, Zaporizhzhia, and Kherson regions. The offensive has also pushed into Ukraine’s southeastern Dnipropetrovsk region, with seven villages reportedly under Russian control. Moscow says it has carried...
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Wall Street Wavers as Trump-EU Trade Deal Sets Stage for Pivotal Week

 


Markets React to Trade Pact and Economic Anticipation

U.S. stock markets opened the week with cautious optimism as the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all edged higher following a newly announced trade agreement between President Donald Trump and the European Union.

The deal, which sets a 15% baseline tariff on European imports—down from the previously threatened 30%—helped ease fears of a transatlantic trade war. Trump hailed the agreement as “the biggest of them all,” while EU Commission President Ursula von der Leyen called it “the best we could get”.

Market Performance Highlights

  • Dow Jones: Hovered near the flat line, showing limited movement.
  • S&P 500: Rose approximately 0.2%, continuing its record-setting streak.
  • Nasdaq Composite: Gained around 0.4%, driven by strength in tech and AI stocks.

What’s Driving the Week Ahead Investors are bracing for a packed week that includes:

  • Big Tech earnings: Meta and Microsoft report Wednesday, followed by Amazon and Apple on Thursday.
  • Federal Reserve meeting: A two-day policy session concludes Wednesday, with markets watching for signs of a potential rate cut in September.
  • Key economic data: Inflation figures via the PCE index and the July jobs report will provide insight into the health of the U.S. economy.

Global Impact The trade deal also includes a $750 billion EU commitment to purchase U.S. energy products, boosting stocks like Cheniere Energy and Venture Global. Meanwhile, U.S.–China trade talks in Stockholm may extend the current tariff truce, adding another layer of potential market movement.

Investor Sentiment While the Trump-EU deal has injected short-term clarity, analysts caution that the broader implications of even modest tariffs could still weigh on global supply chains and corporate margins. With so many moving parts, this week could prove pivotal for market direction.


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