Chinese President Xi says China-US ties have been stable via talks with US President Trump; had in-depth exchange of views with Trump today
President Xi's comments on the stability of China-US relations underscore the importance of dialogue between the two nations.
US Treasury Secretary Bessent reiterates his view that oil prices will be lower in six-months, cites the market curve
US Treasury Secretary Bessent, on un-tariffing Chinese trade, says the idea is to start with USD 30bln
Chinese President Xi says China-US ties have been stable via talks with US President Trump; had in-depth exchange of views with Trump today
US Treasury Secretary Bessent thinks China will do what it can regarding the Strait of Hormuz
The transit of Chinese vessels through the Strait of Hormuz started on Wednesday following an understanding over Iran's management protocols, Fars News reports
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- We both believe China-US ties are the most important bilateral ties in the world.
This may reduce risk sentiment related to trade tensions, potentially supporting equities and the USD against other currencies. Traders should monitor the implications on global markets, especially commodities and major indices, as positive diplomatic signals often lead to a risk-on environment.
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