US Secretary of State Rubio says anticipates Chinese President Xi will visit the US in September, adds China is sending teams to the US to prepare for the Xi visit

The announcement from Secretary of State Rubio regarding President Xi's anticipated visit signifies a potential thaw in US-China relations, which could positively impact global risk sentiment. Preparatory teams from China suggest both countries are keen to set a constructive agenda, potentially easing tensions around trade and other critical issues. This development may create a favorable environment for risk assets, particularly in sectors sensitive to US-China dynamics.