Global stocks rose and the euro appreciated on Monday after a trade agreement between the United States and the EU lifted sentiment and provided some clarity in a week of key policy meetings by the Federal Reserve and the Bank of Japan.

President Donald Trump reached a broad trade agreement with the E.U. that sets the import tax for most European goods headed to the United States at 15%. “It's a very big deal. It's the biggest of all the deals,

EU will pay 15% tariffs and buy hundreds of billions of dollars in energy products and military equipment from US.