Investors' attention today will once again turn to the issue of tariffs. The US president has stated that countries supporting the BRICS alliance policy, which is contrary to US interests, will be subject to an additional unconditional 10% tariff.
In addition, Trump administration officials have confirmed the extension of negotiations on tariffs. Treasury Secretary Scott Bessent said that if no agreement is reached, tariffs will return to their April 2 levels on August 1.
Trump has announced that letters regarding tariffs and/or agreements will be delivered on July 7 at 12:00 p.m. ET (6:00 p.m. CEST time).
As for macro data, we will not learn much today. A detailed calendar for the day is provided below:
Daily Summary - Powerful NFP report could delay Fed rate cuts
BREAKING: US100 jumps amid stronger than expected US NFP report
Economic calendar: NFP data and US oil inventory report 💡
Morning Wrap: Dollar in a trap, all eyes on NFP 🏛️(February 11, 2026)