US President Trump says his trip to China is going to proceed and that a great meeting will be had
President Trump's confirmation of his upcoming trip to China signals a potential easing of tensions that have characterized U.S.-China relations.
PBoC is expected to set USD/CNY mid-point at 6.8138 (prev. 6.8487)
[MARKET UPDATE] Asia-Pac bourses trade in the red (ASX 200 -0.9%, Nikkei 225 -0.7%, KOSPI -1.8%) while US equity futures reverse earlier losses; WTI futures pull back from highs but remains firmly in the green; DXY muted
US President Trump says his trip to China is going to proceed and that a great meeting will be had
US President Trump says the Iran ceasefire is still on and that the US is negotiating with the Iranians; Pakistan asked the US not to do Project Freedom during the negotiations
[UK Local Election Seat Update] Reform 8, Lib Dem 2, Labour 1, Conservative 1; all of Reform's gained seats have came from a prior Labour seat
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This development could positively impact risk sentiment across markets, supporting equities and commodities, while potentially influencing currencies such as the USD and JPY, depending on the perceived outcomes of the meeting.
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