China and the US held candid, in-depth and constructive exchanges, CCTV reports

The reported candid and constructive exchanges between the US and China could signal a potential easing of trade tensions, which has market implications for risk appetite. If negotiations show signs of progress, we might see improved sentiment in equity markets and potentially a stronger yuan, while sectors sensitive to trade could react positively. However, the durability of this sentiment will depend on tangible outcomes from these discussions.