European shares rise as Trumps signals 'major' trade deal
The pan-European STOXX 600 index was up 0.3%, as of 0707 GMT. Trump posted on Truth Social that he will hold a news conference later in the day about a "major trade deal with representatives of a big, and highly respected, country". Overnight, in a widely expected decision, the Federal Reserve held its interest rates steady, with the U.S. central bank flagging that the risks of higher inflation and unemployment had risen.