Trump and Xi's Beijing summit concludes with positive rhetoric but limited immediate market impact, while Nvidia gains on reports of eased Chinese chip exports.
Key Takeaways
- 1.Trump describes Beijing meetings as a 'fantastic day' with mutual agreements on keeping the Strait of Hormuz open and increasing agricultural/oil trade.
- 2.Nvidia shares rose in pre-market trading after reports that the US approved 10 Chinese companies to purchase H200 AI chips.
- 3.UK political instability rises as Health Secretary Wes Streeting reportedly plans a leadership challenge against PM Starmer.
Table of Contents
- NY Open
- Best of Wire
- In Focus
- FX
- Equities
- Commodities
- Rates
- Elsewhere
- Charts
- Chart of the Day
- Major Releases Ahead
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Authors
Varshi Karamsetty
Securities
NVDAEUR/GBP30-Year Japanese Government Bond
Themes
US-China GeopoliticsGlobal Trade & TariffsUK Political Instability
Regions
North AmericaAsia PacificEuropeUnited StatesChinaUnited Kingdom