China's Foreign Ministry, on Trump's China visit announcement for May 14-15th, says the two sides have maintained communication

The announcement of Trump's upcoming visit to China and the acknowledgment of ongoing communication suggests a potential thaw in trade relations between the two nations. Such developments could alleviate market tensions and support risk appetite, notably impacting currencies like the USD, JPY, and GBP, as well as commodities linked to trade dynamics. Traders should consider how this may influence market sentiment and asset allocations in the upcoming sessions.