Analysis firm Jyske Markets believes that the market is showing some nervousness, but no panic, ahead of the July 9 deadline for U.S. tariff negotiations. Jyske said investors started the week with a wait-and-see attitude. Trump said tariff letters would be sent out as early as Monday, notifying countries of the new tariffs, while the U.S. Secretary of Commerce said the tariffs would not take effect until August 1. "Despite some nervousness today, the market seems to be reacting much more relaxed to the tariff situation, so a repeat of the panic after Liberation Day on April 25 is not expected." Data will be light this week, and tariffs will be the main focus. [ChainCatcher]