China and US are in communication on US President Trump's visit, according to Chinese Foreign Ministry spokesperson

The communication between China and the U.S. regarding President Trump's visit indicates a potential thawing in tensions, which could improve prospects for trade discussions. This is particularly significant for risk assets such as equities and commodities, while the currency markets may react as traders reassess the implications for economic relations between the two countries. If the dialogue leads to productive outcomes, we might see a stronger USD and a positive sentiment boost across global markets.