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investingLive European markets wrap: No hiccups from Trump-Xi meet up in Beijing

Markets took a cautiously positive tone after the Trump–Xi meeting in Beijing, which reassured investors and supported risk appetite. European equities outperformed (DAX +1.3%, CAC 40 +0.8%) and S&P 500 futures were up ~0.3%. Oil edged lower (WTI -0.2% to $100.80) amid lingering Middle East tensions. Gold (XAUUSD) saw a modest uptick (+0.3% to $4,703) while silver weakened (-1.1% to $86.98). Bitcoin slipped about 0.4% to $79,328. Major currencies were largely subdued and US 10-year yields fell ~3.8bp to 4.44%. Overall the piece is market commentary noting a steadier mood and light positioning ahead of the weekend rather than any large directional break.

Category

Gold

Sentiment

Neutral

Event

Market commentary

Reading time

1 min