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China's Foreign Minister, on US President Trump seeking a delay to the summit with Chinese President Xi, says China and the US are in communication over Trump's visit to China

Newsquawk Staff ·

China's Foreign Minister, on US President Trump seeking a delay to the summit with Chinese President Xi, says China and the US are in communication over Trump's visit to China.

What it means

The statement from China’s Foreign Minister highlights ongoing diplomatic communication between China and the US regarding Trump's visit, suggesting a potential thaw or continuity in relations. This could impact market sentiment, especially in equities and forex, where expectations around trade negotiations might influence the USD, particularly against JPY and EUR. Traders should calibrate their positions with these geopolitical dynamics in mind, as any developments could shift risk perceptions significantly.

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