According to a report by Deep Tide TechFlow, Andersen, co-head of fixed income and foreign exchange research at Danske Bank, stated that after positive news from the China-U.S. trade negotiations over the weekend, the trend of improving market risk appetite since last week is expected to continue this week.
Andersen pointed out that the overall market showed a warming of risk sentiment in the past week, mainly due to preliminary signs of easing in the trade war. U.S. Treasury Secretary Besant stated that the talks were productive and revealed that the U.S. would announce more details on Monday.