US President Trump says they are doing economically well with China, have had a good relationship

Trump's comments suggest a positive economic relationship with China, which could ease concerns surrounding trade tensions.

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  • Reports of long lines for gas within China are false.
Context

The dismissal of reports about long lines for gas in China may help stabilize market sentiment, potentially influencing investor attitudes towards risk assets and commodities. This could impact currency pairs like USD/CNY and broader market indices going into the US session.

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