US equity index futures liking the vibes from US and China officials ...Middle East

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US equity index futures liking the vibes from US and China officials

The news out of the China-US trade talks in Switzerland over the weekend is lacking substance, we await the joint statement on Monday, but officials are upbeat:

No details on US-China trade talks but both US and China officials are upbeatChina says Geneva trade talk meeting a first step; differences &frictions remain; win-win

The early market response was a higher USD:

    Monday open levels, indicative FX prices, May 12, 2025 - USD/JPY up, EUR/USD down

    Futures have reopened for the week's trade, with equity indexes at odds with the dollar:

    US equity index futures open higher.UST futures lower Fed funds trim rate cut prospect

    Vibes winning on equities:

    This article was written by Eamonn Sheridan at www.forexlive.com.

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