Positive news from Trump
The good news is piling up for risk assets and the US dollar today.
From Trump:
"Had a very good telephone conversation with President Xi of China. We will be having an extended meeting next week at the G-20 in Japan. Our respective teams will begin talks prior to our meeting."
There was some worry that the meeting wouldn't take place at all. The hope is that trade talks restart on the way to a deal.
US stock markets are at the highs of the day, with the S&P 500 up 34 points to 2924 and WTI crude up $1.14 to $53.04.