Market Moves & the Week Ahead

• Tariff headlines continued to drive market sentiment on Friday, with a major media outlet report stating that US President Trump is pushing for new tariffs on EU goods.
• The report suggested Trump is eyeing minimum tariffs of 15–20% in any future agreement with the bloc.
• In response, US Treasury yields fell on Friday, with the 10-year yield down 4bp to 4.42%. The Australian 10-year yield is currently sitting at 4.35%.
• Locally, this week is quiet on the data front, though markets will keep an eye on Tuesday’s RBA Minutes after the central bank surprised many with its tone at the last meeting.