Chinese President Xi tells US President Trump it is a pleasure to meet him in Beijing, while he has always believed that the common interests between China and the US outweigh the differences
Xi's remarks emphasize a collaborative tone in US-China relations, suggesting potential for constructive dialogue ahead.
[MARKET ANALYSIS] DXY is little changed amid a lack of FX-moving catalysts, but holds on to recent PPI-driven gains
US President Trump tells Chinese President Xi that they've had a fantastic relationship and they are going to have a fantastic future together, while he adds that he has such respect for China and tells everybody Xi is a great leader
Chinese President Xi tells US President Trump it is a pleasure to meet him in Beijing, while he has always believed that the common interests between China and the US outweigh the differences
Japanese Chief Cabinet Secretary Kihara says no immediate need for a supplementary budget
Japan considers drafting an extra budget, according to Kyodo
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Says:
- Success of China and the US is an opportunity for each other.
- Looks forward to discussions with US President Trump.
This alignment on mutual interests may provide market support, particularly for risk assets and currencies sensitive to trade relations, such as the USD and JPY. Traders should watch for subsequent signals that indicate follow-through on this diplomatic approach, as it could impact global equities and commodities.
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