Russian President Putin's visit to China is being prepared and the timing of the visit will be announced by the Kremlin in due course, according to Kremlin spokesperson Peskov

Putin's upcoming visit to China suggests potential strengthening ties between Russia and China, which could have significant implications for global trade dynamics and geopolitical stability. As the Kremlin will announce the timing, markets may react in anticipation, especially in commodities like energy and metals, where Russian influence is pronounced. Such developments could also impact cross-asset flows, particularly in the forex market with currencies like the USD and JPY potentially facing volatility based on the outcomes of this visit.