Global Tensions, Trade Talks, and Economic Outlook Drive Markets

Key TakeawaysUS President Trump and Chinese President Xi Jinping held a phone call, discussing stable bilateral ties, the Ukraine crisis, and Taiwan, with Xi emphasizing Taiwan's return as an important part of the post-war international order.US stock markets extended gains, with the S&P 500 (^GSPC) rising 1.00%, the Nasdaq (^IXIC) up 0.95%, and the Dow Jones (^DJI) increasing 0.14% after market open.The Bank of England sold £750 million in gilts during its Asset Purchase Facility (APF) sale, achieving a co ...