US Treasury Secretary Bessent says during my meeting this week with Vice Premier He Lifeng of China, we held a positive discussion regarding the implementation of the economic agreement between President Trump and President Xi

• Look forward to meeting with the Vice Premier again soon.

The positive tone regarding discussions between US Treasury Secretary Bessent and China’s Vice Premier suggests a potential easing of trade tensions, which could bolster market sentiment. If these talks lead to concrete actions on the economic agreement between the US and China, expect positive spillover effects on risk assets like equities and commodities, while the USD might strengthen as investor confidence grows.