A mildly positive day for Asian equities ahead of the Trump-Xi meet
Asian equities are mostly higher on the day but gains seen here are not overwhelming by any means. All the focus of markets are on the Trump-Xi meeting but the vibes as we approach it is more of cautious optimism. Chinese equities are also slightly higher on the day and that highlights the mood investors are in right now.
Risk sentiment isn't lending much direction to currencies on the day too with E-minis down by 0.1% while Treasury yields are rather flat so far. That's making for rather subdued and narrow ranges in currencies ahead of the European markets open.
