US President Trump and Chinese President Xi hold talks in a restricted session in Zhongnanhai, according to CCTV
The talks between President Trump and President Xi are critical as they may signal a shift in the trade dynamics between the U.S.
[MARKET ANALYSIS] Asia-Pac stocks are mostly subdued as risk sentiment wanes amid higher oil prices and yields, as well as Trump's latest rhetoric on Iran
US President Trump says that Chinese President Xi pledged that China will not provide military gear to Iran, according to CBS
US President Trump and Chinese President Xi hold talks in a restricted session in Zhongnanhai, according to CCTV
China's Foreign Ministry says US President Trump and Chinese President Xi reached a series of new consensuses, while it also commented that the war should not continue
[MARKET ANALYSIS] DXY benefitted as oil and yields gained, while sentiment also waned
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and China. If the discussions lead to de-escalation of trade tensions, it could boost market sentiment and positively impact risk assets such as equities and commodities. Traders should monitor for any concrete outcomes or statements following these talks, as they will likely influence currency movements, particularly in the USD and JPY.
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