#USChinaTradeTalks US-China trade talks are happening today in London, with representatives from both countries aiming to ease trade tensions. US President Donald Trump expressed confidence that the negotiations will go smoothly, marking a shift in tone from previous comments.

*Market Impact:*

- The US dollar has weakened ahead of the talks, with the Pound Sterling rising to near 1.3570 against the US dollar.

- Cryptocurrency markets are edging higher, but gains are at risk amid trade uncertainty.

- Gold prices have bounced up toward $3,340-$3,350 as the US dollar softens.

- The USD/JPY pair has retreated to 144.00, with the safe-haven yen drawing support from cautious market sentiment ¹ ².

*Key Focus Areas:*

- *Trade Terms:* Negotiators will discuss trade terms to ease tensions between the two nations.

- *Economic Data:* US and Chinese economic data, such as inflation rates and employment figures, will influence market sentiment.

- *Federal Reserve:* The Fed's monetary policy decisions, particularly regarding interest rates, will be closely watched ¹.

Keep in mind that market sentiment remains fragile, and a concrete breakthrough is needed to boost confidence.