The presidents of the US and China are currently having a telephone conversation, in which many optimistic comments were made about relations between the two superpowers. President Xi admonished that the U.S. and China aim to develop together, and their international relations should focus on jointly building strong economies.
The Taiwan issue is about China's national sovereignty and territorial integrity. I hope the US will approach it with great caution,” Xi added.
The relatively calm tone of the reported media comments is supporting Chinese markets.

Daily Summary: Friday offers no relief; the US100 drops 2%🚨
Three Markets to Watch Next Week (October 16, 2026)
Market wrap: European indices rebound 🔼 Defence stocks on the rise
Daily summary 📈 Precious metals and stock indices rebound as Treasury yields fall