Earlier reports on Fox, says Trump, Mnuchin and Lighthizer are talking trade talk progress

That is giving risk' a bit of a boost and its following on.

  • S&P500 overnight (Globex) futures are up around half a percent.
  • AUD gaining (EUR, GBP, NZD etc. also) - while the yne is slipping.

Adding to the good feels are reports (unconfirmed) that Xi and Trump will be having a phone chat in a few hours.