White House says US President Trump to host cabinet meeting tomorrow; US President Trump to travel to China on May 14 and 15th; China President Xi will visit Washington at a later date this year

The announcement of President Trump's upcoming cabinet meeting and his trip to China signals potential developments in US-China relations, which could influence trade negotiations and market sentiment. Furthermore, the planned visit by China's President Xi to Washington later in the year may indicate a willingness for dialogue, potentially impacting risk assets, currencies, and commodities in both regions as traders adjust their expectations based on these engagements.