[MARKET UPDATE] Upticks seen (but contained to) US equities following the US President Trump post in which he called the phone call with Chinese President Xi "excellent" and confirmed a trip to China in April; Modest strength seen in CNH

Upticks seen (but contained to) US equities following the US President Trump post in which he called the phone call with Chinese President Xi "excellent" and confirmed a trip to China in April; Modest strength seen in CNH.

The uptick in US equities, attributed to President Trump's positive characterization of his conversation with President Xi and his planned trip to China, suggests a temporary easing of tensions in US-China relations. This development may improve market sentiment, particularly for risk assets, and could provide some lift to the offshore Chinese yuan (CNH). However, the strength is likely to be contained, as broader geopolitical dynamics remain at play.