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

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.

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