High-level US-China talks may ease trade tensions, while strong UK economic data boosts investor sentiment ahead of key meetings.
US and Chinese officials are set to discuss trade policies and tariffs in a summit expected to address longstanding disputes. The meeting could signal progress on semiconductor restrictions, particularly for Nvidia’s H200 chips, which remain undelivered due to export controls. Markets are watching for breakthroughs that may revive tech sector deals and reduce trade barriers.
The UK’s economic growth has outperformed expectations, adding momentum to global risk assets. Analysts note AI-driven demand and backlogs in the semiconductor sector are supporting bullish sentiment, though geopolitical risks persist. Prior trade negotiations between the US and China have yielded limited results, leaving investors cautious.
No immediate market reaction was reported, but futures suggest optimism ahead of the summit’s outcomes. Sector-specific moves, particularly in tech, may hinge on concrete policy shifts emerging from the talks.