If those who watch the market ever needed a reminder at how important positive US-China trade headlines can be to investor sentiment, they received more clarity on Tuesday as optimism builds that both sides will be able to find a resolution.

The price of Gold slipped straight through $1500 to hit its lowest level so far in November around $1485, while the price of US Oil is nearing levels not seen in over two months after appreciating $3 since Friday of last week.

Broader risk appetite can also be noted across a range of asset classes, including US stock markets reaching new record-highs and commodity-linked currencies, such as the Australian Dollar approaching levels close to near 3-month highs.

In terms of emerging market trends seen in APAC, the Malaysian Ringgit (USDMYR -0.47%), Indian Rupee (USDINR -0.11%), Indonesian Rupiah (USDIDR -0.32%), Philippine Peso (USDPHP -0.24%) and Korean Won (USDKRW -0.15%) all benefited from coordinated attraction towards emerging market assets, and strengthened against the USD.

Of course there is no stronger proxy for how investors look at US-China trade tensions than the Chinese Yuan.

The Chinese Yuan managed to advance by 0.3% with the USDCNY at one point breaking back below the ever-important, and critical psychological support level at 7.

Hopefully a resolution to US-China trade differences will be found, and while we have been here several times in the past, if investors do hold faith that a trade agreement (that lasts) is in place USDCNY could potentially decline all the way to 6.85.   

अस्वीकरण: इस लेख के कंटेंट में व्यक्तिगत राय शामिल हैं तथा इसे व्यक्तिगत रूप से तथा/या अन्य निवेश सलाह तथा/या एक प्रस्ताव तथा/या वित्तीय साधनों में किसी लेन-देन लोभ तथा/या गारंटी तथा/या भविष्य के प्रदर्शन की भविष्यवाणी के रूप में नहीं लिया जाना चाहिए। ForexTime (FXTM) व उसके एफिलिएट, एजेंट, निर्देशक, अधिकारी या कर्मचारी उपलब्ध कराई गई किसी भी जानकारी या डेटा की परिशुद्धता, वैधता, समयबद्धता या संपूर्णता की गारंटी नहीं लेते हैं तथा उसी के आधार पर किसी भी निवेश से उत्पन्न होने वाले नुकसान के लिए दायित्व ग्रहण नहीं करते हैं।