Asia-Pacific Markets Rally on News of Upcoming Trump-Xi Trade Talks
Markets across the Asia-Pacific region are set to open higher following the announcement of a scheduled meeting between U.S. President Donald Trump and Chinese President Xi Jinping. The talks, slated for next Thursday, have fueled hopes of progress in ongoing trade negotiations.
Market Optimism Ahead of Key Bilateral Meeting
Asia-Pacific markets were positioned for a positive opening on Friday, according to reports, after the White House confirmed that U.S. President Donald Trump and Chinese President Xi Jinping will hold discussions next week. Sources indicate that the planned meeting has alleviated some investor concerns regarding trade tensions between the two economic powerhouses.