According to reports from Jin Shi Data, Deutsche Bank analyst Mark Wall stated that the US-EU trade agreement has reduced the necessity for the European Central Bank to further cut interest rates. After the agreement was reached, the uncertainty surrounding the eurozone's trade policies decreased, and the pressure on the European Central Bank to lower interest rates diminished. The eurozone money market expects the likelihood of the European Central Bank cutting rates this December to be less than 60%, with very little chance of a rate cut in September or October.