TechFlame reports that after the US reached a trade agreement with the EU, investors expect car makers and luxury goods manufacturers to lead a wave of mitigating increases in the European stock market when the market reopens on Monday. On Sunday, US President Trump announced the agreement after meeting with European Commission President von der Leyen. Under the agreement, most of the EU's exports (including cars) will face 15% tariffs. The EU leader said the tax rate was comprehensive, but Trump said it did not include drugs and metals. John Plassard, head of strategy at Cité Gestion, said the agreement “was enough to release what the stock market needs most: predictability.” He said, “The risk of further tariff increases has now been eliminated, and with it, a major macroeconomic disadvantage disappears. For investors, this is not only a sigh of relief, but also a green light.” (gold 10)