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Reports say that the EU failed to achieve a breakthrough in trade talks with the US.
On July 5, Jin Ten Data reported that market news indicated that EU negotiators failed to make a breakthrough in the US trade talks, and EU diplomats stated that negotiations would continue into the weekend. EU diplomats revealed that the scale of the EU's second round of countermeasures has been reduced from the initial 95 billion euros to 72 billion euros. EU negotiators stated that if a more comprehensive trade agreement cannot be reached, the EU will seek to extend the tariff suspension period.
Negative news is constantly coming in, and it failed to break through the resistance zone the day before yesterday, so it can continue to fall.