Chinese President ... and U.S. President Trump called on June 18.Trump released a tweet that he had a good telephone conversation with ... and will be at the G20 summit at the 20th G20 summit at Osaka, Japan from June 28th to 29th from June 28th to 29th.A long meeting, our respective teams will start negotiations before our meeting.

Trump expressed his expectation to meet with ... to communicate in depth on bilateral relations and common concern.The United States attaches great importance to the US -China economic and trade cooperation. It is hoped that the work team of the two parties can communicate and find a solution to the current differences. I believe that the world wants to see the United States and China reaching an agreement.

According to Chinese official media reports, ... in the call, it is pointed out that in the past period of time, Sino -US relations have encountered some difficulties, which does not meet the interests of both parties.He was willing to meet with Trump during the G20 leader Osaka Summit to exchange opinions on fundamental issues related to the development of Sino -US relations.He also agreed that the economic and trade teams of the two countries to maintain communication on how to resolve differences.

In short, the information conveyed by the phone is that the leaders of China and the United States will hold talks in Japan next week in order to restart trade negotiations after a one -month deadlock.

Sino -US negotiation team on Tuesday

According to the Hong Kong South China Morning Post, the Sino -US negotiating team is expected to conduct consultations in Osaka earlier next Tuesday to prepare for the Xite Society.

Before that, it was only last week that Trump also repeatedly threatened. If ... refusing to talk to him at the summit, tariffs will be raised.China is also tough and unwilling to target ... whether to meet with Trump's statement.The stalemate of China and the United States has made the market unable to do it all day long.

The implementation of the Osaka Higa Society not only snatched the halo of the G20 summit, but also led to the optimistic emotions of Sino -US restart trade negotiations, and boosted market risk preferences. The global financial market swept the haze and ushered in a sunny day.The Asian market has risen across the board; economies of economies that rely on trade have also risen.It is expected that the market is expected to be supported by the market next week.

The probability of reaching a trade agreement is about 20%

According to the estimation of the Goldman Sachs Strategy Division of the Investment Bank, the Sino -US trade war has gradually changed from the problem of unbalanced projects to the two super economic powers.It is 20%.However, investors still believe that if Osaka Ichig will break the deadlock of Sino -US trade negotiations and promote the reaching a trade agreement between the two parties, it will help the global financial market and improve the economic development prospects in the Asia -Pacific region.

At the same time, investors are also immersed in the expectations of the Federal Reserve's interest rate cut in July this week.After the two -day monetary policy meeting, the Federal Reserve announced on June 19 that the interest rate of federal reserve funds was unchanged from 2.25%to 2.5%.

According to the statement, the uncertainty facing the US economic prospects is increasing. In order to ensure the continuous growth of the economy, the Fed will take appropriate measures in the future.

The Wall Street Journal stated that this statement indicates that the Fed will change the attitude of being patient on interest rate issues, and the possibility of future interest rate cuts will increase significantly.

The Fed's latest interest conference was in the market that the market was expected to cut interest rate cuts in the United States in July, and financial market investors generally relieved.

FXTM Fulto Marketing analysts pointed out that from a historical point of view, global investors are willing to see the central banks of developed countries cut interest rates, and many major central banks currently suggest that they may cut interest rates, which will promote a new round of market rising in the market.The stock market will not be the only asset category that boosted this news. The prospects of the US dollar's softening will promote the further increase in gold prices.The decline in interest rates has the greatest impact on emerging markets, and it is expected that the future funds will return to emerging markets, which means that emerging market stock markets and currencies will continue to rise slowly.

Among them, since the expectations of the restarted between China and the United States and the Federal Reserve ’s interest rate cutting expectations, the short -term volatility of the RMB has also risen quickly. Traders said that the proximal market for the option market is turbulent, the US dollar is declining options and bet on the option portfolio with continuity of volatility rising.There are many products buying, which has also promoted the short -term volatility to further rise.

RMB or appreciation 5%

Xie Dongming, an economist of Overseas Chinese Bank, pointed out in the report yesterday that in the context of Sino -US trade prospects and the US dollar softened, the continued appreciation of the offshore RMB has a widely spread effect, which will have a positive impact on the global market.If the US dollar continues the recent weak trend and investors' sustainable trade issues in China and the United States will soon be resolved more optimistic, then the offshore RMB may indeed further appreciate by 5%.But before the trade risk faded completely, the renminbi may not rise.

He also pointed out whether the Federal Reserve's interest rate cut in July depends on the results of the Xi Special Council.If the United States and China have found a solution to solve the relationship between continuous trade tensions, it will drive the rapid change of economic prospects, which may even mean that the Fed will suspend the implementation of interest rate cuts.The most important thing is that if you have achieved positive results at the G20 summit, as the improvement of US -China relations and US economic data are better, the Fed is unlikely to press the downgrade button.

Therefore, although Xite's phone call and a meeting of the Federal Reserve have become strong and positive for the market, in the context of everyone who believes that the Fed will reduce interest rates, if the Fed does not cut interest rates, this result will make investment investmentThe people are very panicked and constitute a major risk to the global stock market.

In fact, the peak circuit that Xi Te will appear this week has once again highlighted the vulnerableness of US -China relations. At the same time, it also proves that the popularity of the market may still change sharply, and investors should maintain cautious and optimistic.