European stocks poised to lose further ground as traders digest details of EU-U.S. trade deal
1. European stocks rose on hopes of a U.S. interest rate cut. 2. Fed Chair Powell suggested possible rate cuts ahead in September. 3. The EU will invest $750 billion in U.S. energy sectors. 4. Tariffs on EU goods reduced from 30% to 15%, boosting confidence. 5. Germany's GDP shrank by 0.3%, indicating economic concerns.