US-China trade talks restarted; atmosphere is good – Global Times

Dhwani Mehta FXStreet

The Editor-in-chief of Chinese and English editions of the Global Times, Hu Xijin, tweeted last minutes, offering his take on the upcoming US-China trade talks, with the key comments found below.

“Chinese and US negotiators started talks again. Based on what I know the atmosphere is good. I hope this beginning indicates the future talks will be smoother than various pessimistic predictions.”

The above headlines are likely to offer some reprieve to the Asian markets and help lift the risk sentiment, with USD/JPY already picking up fresh bids to recover from daily lows of 108.50. Meanwhile, the Aussie is steadily nearing 0.69 handle.

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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