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European stocks rose as US President Donald Trump said he would move the imposition of 50% tariffs on EU goods to July 9 after a phone call with European Commission President Ursula von der Leyen.

On Monday, oil prices rose on the back of Donald Trump's decision to grant an extension of the deadline for trade negotiations with the European Union. That contributed to easing of concerns over tariffs against the bloc that may damage the world economy and the volumes of fuel consumption.

Bloomberg reports that inflation in Europe’s four leading economies is now at or below the European Central Bank’s (ECB) target of 2%.

In recent years, China has experienced a significant increase in gas production and pipeline fuel imports. This has reduced the country's purchases of liquefied natural gas (LNG) and kept the prices relatively stable. Nevertheless, the industry expects LNG demand to grow in the long term.

According to strategists surveyed by Bloomberg, Canada’s economy is likely to be in the early stages of a recession, as unemployment rises and exports decline amid trade tensions with the United States.

Following the US administration's announcement of tariffs in April, the USDCAD exchange rate declined significantly toward levels seen just before the US election.

European stock indices rose on Friday, May 23, as better-than-expected regional economic data improved market sentiment.

Bank of America (BofA) Securities reports that discussions of potential currency agreements have become a key market focus. Meanwhile, US fiscal policy no longer provides the same level of support for the dollar.

Cederic Cremers of British oil and gas company Shell expects Indonesia, Malaysia, and Algeria to become net importers of liquefied natural gas (LNG) as their domestic demand increases and production declines.

Farside data shows that US exchange-traded funds (ETFs) backed by Ethereum saw a substantial net inflow of $110.5 million on May 23. This marked the fifth consecutive day of strong performance.