US, China agreed to remain in communication and cooperation – Xinhua
|China’s state news agency, Xinhua, reported on Friday, US and Chinese Trade representatives held a phone call and agreed to remain in communication and cooperation.
Additional headlines
US, China agreed to strengthen cooperation on macroeconomy and public health during the call.
US, China to work together to create a beneficial environment for carrying out phase 1 trade deal.
Market reaction
The above headlines add to the upbeat market mood, with the S&P 500 futures rising above 1% while the AUD/USD pair extends gains to hit a new six-day high just shy of 0.6550, up 0.70% on a daily basis.
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