For the third time in as many months, US and Chinese officials will meet in Europe for trade talks — and this time, Beijing is arriving at the negotiating table more emboldened than ever.

President Trump and European Commission President Ursula von der Leyen revealed the trade framework from Scotland on Sunday.

China’s high dependence on exports will likely be a key focus of a new round of U.S.-China trade talks this coming week in Stockholm, but a trade deal would not necessarily help Beijing to rebalance its economy.

Any breakthrough could help set the stage for Donald Trump to meet with his counterpart Xi Jinping, possibly around a major summit later this year in South Korea.

The Australian Dollar (AUD) maintains its position on Monday, after registering losses in the previous two sessions. The AUD/USD pair gained ground following the announcement of a newly established trade agreement between the United States (US) and the European Union (EU).

USD/JPY and AUD/USD traders brace for BoJ bond moves, Fed rate decision, and US-China trade talks, with volatility expected across Forex markets.

The opioid that kills tens of thousands of Americans every year has become a source of political leverage that Beijing won’t easily give up.

A new round of China-US economic and trade talks is set to be held in Sweden from Sunday to Wednesday. This follows a series of significant consensuses reached in Geneva and the establishment of a framework during talks in London.