11th US-China Political Leaders Dialogue kicks off in Beijing – Global Times

Dhwani Mehta FXStreet

The Chinese news outlet, the Global Times, is out with the latest headlines, citing that “China and the US may be deadlocked in a trade war, but dialogue is ongoing. The 11th US-China Political Leaders Dialogue kicked off in Beijing on Monday. How to defuse trade and political tensions is top of the agenda.”

The market is seeing a return of risk appetite in Asia on expectations of some positive on the US-China trade front, as the Dialogue gets underway. Meanwhile, the PBOC’s attempt to prop up the slowing economy by announcing a minor cut to its seven-day Reverse Repos also offers some support to the Asian equity markets.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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