US President Trump and Chinese President Xi are poised to extend trade truce by up to a year during April meeting in Beijing, according to SCMP citing people familiar with discussions
The potential one-year extension of the trade truce between the US and China suggests a continued easing of trade tensions, which could stabilize global market sentiment.
Newsquawk Daily Asia-Pac Opening News - 12th February 2026
RBA Governor Bullock says board decided inflation at around 3-point something was unacceptable
US President Trump and Chinese President Xi are poised to extend trade truce by up to a year during April meeting in Beijing, according to SCMP citing people familiar with discussions
UK Chancellor Reeves is to limit the deregulatory drive as she seeks closer UK relations with the EU, according to FT
US President Trump directs Department of Energy to issue funds to coal plants in states including West Virginia and Ohio
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This is crucial as it may bolster risk assets and strengthen the USD while providing a supportive backdrop for equities across major indices. Observers should monitor how this influences commodity prices, particularly in energy and metals, as well as overall currency flows between the USD and its peers.
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