US President Trump says that Chinese President Xi pledged that China will not provide military gear to Iran, according to CBS
President Trump's statement regarding President Xi's commitment not to supply military gear to Iran represents a potential easing of tensions in the U.S.-China relationship, which could positively impact market sentiment.
GE Aerospace CEO was seen at China's NDRC (state planner) building
[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
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This commitment might also have broader implications for regional stability and could affect energy prices as well as the behavior of risk assets. Traders may want to watch related sectors, particularly in equities and commodities, to gauge market reactions.
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