trump xi meeting

NYT report citing 'more than half a dozen current and former advisers and others familiar with Mr. Trump’s thinking':

  • the president would like to strike a wide-ranging deal with Xi, beyond just trade
  • Would go beyond commitment to buy US goods
  • Would also include nuclear weapons security

The Australian dollar has rose on this but it's a good sign for risk assets in general and underscores the idea that Trump doesn't really want to use tariffs.

Source: Forex Live