US President Trump, on China, says they are resetting the meeting, looks like it will happen in 5 weeks; looks forward to seeing China President Xi, they have a good working relationship

US President Trump, on China, says they are resetting the meeting, looks like it will happen in 5 weeks; looks forward to seeing China President Xi, they have a good working relationship.

President Trump's statement regarding a reset in negotiations with China signals potential progress in U.S.-China trade relations. This could alleviate some trade tensions, which would likely bolster risk sentiment across equities and commodities, as well as provide support for the USD against other currencies like the EUR and JPY.