Morning Economic Report 8-18-25

Economy update

After Friday’s meeting between the US and Russian leaders, the Ukrainian president and EU politicians will meet Donald Trump in the White House. He will tell them that Ukraine should give up hope of joining NATO and reclaiming Crimea. EU trade surplus in June was €7 billion, down from €20.7 billion a year ago. Oil index futures are stable, and equity players are focusing on this week’s central bankers’ meeting in Jackson Hole, searching for clues of rate cuts