US President Trump thanks Chinese President Xi for working with the US and ultimately approving the TikTok deal, adds that Xi could have gone the other way

US President Trump thanks Chinese President Xi for working with the US and ultimately approving the TikTok deal, adds that Xi could have gone the other way.

This message highlights a sign of cooperation between the US and China regarding the TikTok deal, which could ease tensions between the two nations. Acknowledgment from President Trump suggests a potential easing of trade friction, which may positively impact risk assets and the broader market, particularly in equities and commodities. Traders should monitor how this sentiment evolves, as it could influence currency movements, including USD strength against major currencies.