European Parliament to Vote on EU-Mercosur Trade Deal Amid Sector Concerns
The European Parliament is preparing to vote on the EU-Mercosur trade deal, following concessions aimed at addressing concerns such as farmer protests and environmental issues. This vote is significant as it could alter the political climate for sectors heavily involved in trade flows, including agriculture, food, autos, and industrial exporters, particularly in France and Southern Europe. The decision comes at a time when the European Central Bank (ECB) is also in focus, with markets speculating on a potential future interest rate hike. Additionally, a wave of delayed U.S. macroeconomic data releases, including jobs, retail sales, and CPI, could influence global risk appetite. Euronext is also dealing with index rebalancing flows and a regulatory dispute over post-trade settlement choices. 
