On June 6, U.S. President Donald Trump and Chinese President Xi Jinping held a phone call and agreed to restart high-level economic and trade negotiations. This marks the first formal exchange since the recent escalation of tariffs.
Although the details remain undisclosed, markets responded immediately:
π’ Oil prices posted their first strong weekly gain in three weeks (WTI +4%, Brent +2.1%)
π Gold prices dropped as risk appetite returned
π Global equities rallied, with commodity-related sectors leading the surge
β Commodity giant Trafigura warned of continued market volatility in H2 2025
This dialogue eased immediate geopolitical tension and directly impacted global supply chain expectations across energy, metals, and agriculture.
On June 6, U.S. President Donald Trump and Chinese President Xi Jinping held a phone call and agreed to restart high-level economic and trade negotiations. This marks the first formal exchange since the recent escalation of tariffs.
Although the details remain undisclosed, markets responded immediately:
π’ Oil prices posted their first strong weekly gain in three weeks (WTI +4%, Brent +2.1%)
π Gold prices dropped as risk appetite returned
π Global equities rallied, with commodity-related sectors leading the surge
β Commodity giant Trafigura warned of continued market volatility in H2 2025
This dialogue eased immediate geopolitical tension and directly impacted global supply chain expectations across energy, metals, and agriculture.