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White House: Trump-Xi trade meeting set for Saturday at 0230 GMT in Osaka

A White House spokesman told Reuters late-Wednesday, the US. President Donald Trump and Chinese President Xi Jinping will hold the trade talks in Osaka at 11:30 a.m. local time (0230 GMT) on Saturday at the G20.

On Wednesday, the US Treasury Secretary Mnuchin said that the US-China trade deal is almost 90% complete. While recently the SCMP reported that the US-China trade truce is reached.

Talk of US-China trade truce powers USD/JPY above 108.00

The anti-risk Japanese Yen is losing ground, pushing the USD/JPY higher possibly due to reports the US and China have agreed to another truce in their
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Moody’s: Australian problem loan ratios increased but overall asset quality remains strong

The US-based rating agency, Moody’s Investor Service, is out with a review report on the Australian banking sector, with the key findings found below.
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