๐จ Day 1 of the TrumpโXi meeting wrapped up with markets breathing a little easier ๐
๐บ๐ธ U.S. stocks flipped green while โฟ Bitcoin pushed back above $81K as early signals from the White House painted the talks as โfairly positive.โ
๐ On Iran & the Strait of Hormuz: โข Both sides agreed the Strait of Hormuz must remain open ๐ โข Iran should not impose transit fees there โข Xi reportedly opposed any militarization of the Strait โ ๏ธ โข The U.S. and China also agreed Iran must not obtain nuclear weapons โข๏ธ
๐ฐ On trade: ๐จ๐ณ China is reportedly looking to increase purchases of: ๐ข๏ธ U.S. oil ๐พ Agricultural products โ๏ธ Potentially Boeing aircraft
For now, global markets seem relieved that Day 1 ended without escalation ๐๐
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