China Foreign Ministry says the nation welcomes US President Trump's state visit, will discuss issues of major importance to US-Sino ties, as well as world peace and development

The positive tone from China towards President Trump's state visit suggests an easing of tensions between the US and China, which could lead to improved trade relations.

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China Foreign Ministry says the nation welcomes US President Trump's state visit, will discuss issues of major importance to US-Sino ties, as well as world peace and development

EUROPEAN OPEN: HLAG GY earnings fall on freight-rate pressure, backs outlook; SIE GY orders beat, sales miss, announces EUR 6bln buyback; ALV GY posts record Q1 operating profit; MRK GY raises guidance after Q1 beat; DTE GY raises guidance

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  • China is ready to work with the US to uphold equality and respect and mutual benefit, expand cooperation, and manage differences. 
Context

This backdrop may bolster market sentiment across equities and commodities, especially if key agreements are reached during discussions. Watch for potential impacts on the USD, as shifts in the US-China dynamic often influence currency flows and risk appetite.

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