US President Trump says he is looking forward to meeting Chinese President Xi, and will be an important trip
The announcement of a meeting between President Trump and President Xi could signal a potential thaw in US-China relations, which may ease trade tensions and positively impact sentiment across asset classes.
White House reportedly on lockdown amid reports of shots fired a few blocks away
TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 15 TICKS LOWER AT 110-05+
US President Trump says he is looking forward to meeting Chinese President Xi, and will be an important trip
US FX WRAP: Dollar gains in Middle East driven trade
US President Trump says Iran detour is working out nicely and sees oil prices going down rapidly once the war is over
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If perceived as conducive to trade agreements, this could lead to strength in equities and commodities, while possibly stabilizing currency fluctuations in the USD and JPY. However, the market's reaction will depend on the specifics discussed and any resultant commitments made during the trip.
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