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Trump-Xi trade truce: Potential winners and losers

From home.saxo

Global markets opened the week on a stronger footing after Washington and Beijing reached a framework trade deal, now awaiting formal sign-off from Presidents Donald Trump and Xi Jinping. The announcement brought a welcome reprieve after months of escalating rhetoric and tariff threats. Equities rallied across regions, led by cyclical and trade-sensitive names, while commodity currencies strengthened and safe-haven assets such as gold saw modest outflows. The formal meeting between the two leaders is scheduled for Thursday, 30 October 2025, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in ... (full story)

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  • Category: Fundamental Analysis