US President Trump posts that NVIDIA (NVDA) CEO Huang is on Air Force One along with a number of CEOs of large US companies, while Trump will request to Chinese President Xi to open up China

This headline highlights a significant meeting where US business leaders, including NVIDIA's CEO, are on Air Force One heading to China, indicating a potential thaw in US-China relations.

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Toray (3402 JT) FY25/26 (JPY) net 79.5bln (prev. 77.9bln Y/Y), rev. 2.59tln (prev. 2.56tln Y/Y)

[MARKET ANALYSIS] Asia-Pac stocks are mixed after recent oil prices moves and hotter US inflation, while participants await the Trump-Xi summit

US President Trump posts that NVIDIA (NVDA) CEO Huang is on Air Force One along with a number of CEOs of large US companies, while Trump will request to Chinese President Xi to open up China

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New Zealand 2-Year Inflation Expectations (Q2) 2.5% (Prev. 2.4%)

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Full post "CNBC incorrectly reported that the Great Jensen Huang, of Nvidia, was not invited to the incredible gathering of the World’s Greatest Businessmen/women proudly going to China. In actuality, Jensen is currently on Air Force One and, unless I ask him to leave, which is highly unlikely, CNBC’s reporting is incorrect or, as they say in politics, FAKE NEWS! It is an Honor to have Jensen, Elon, Tim Apple, Larry Fink, Stephen Schwarzmann, Kelly Ortberg (Boeing), Brian Sikes (Cargill), Jane Fraser (Citi), Larry Culp (GE Aerospace), David Solomon (Goldman Sachs), Sanjay Mehrotra (Micron), Cristiano Amon (Qualcomm), and many others journeying to the Great Country of China where I will be asking President Xi, a Leader of extraordinary distinction, to “open up” China so that these brilliant people can work their magic, and help bring the People’s Republic to an even higher level! In fact, I promise, that when we are together, which will be in a matter of hours, I will make that my very first request. I have never seen or heard of any idea that would be more beneficial to our incredible Countries! President DONALD J. TRUMP"

Context

Trump's request to President Xi to open up China could signal a shift in trade dynamics, affecting markets, particularly in equities and commodities. The participation of high-profile CEOs suggests that this is not just a diplomatic effort but also aimed at enhancing business collaboration, which could influence global market sentiment.

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