Chinese President Xi says China and the US are to build stable relations as a new positioning of bilateral ties, CCTV reports
Context
The comments from Chinese President Xi suggest a potential thaw in US-China relations, which may ease trade tensions. This development could positively affect market sentiment, particularly in risk-sensitive assets like equities and commodities. Traders should watch for potential shifts in investment flows and how it might influence currency movements, especially in the USD/CNY pair.
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