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The Daily Chase: Muted start to trading week; Paris Air Show takes flight

The Daily Chase: Muted start to trading week; Paris Air Show takes flight

BNN Bloomberg
Monday, June 19, 2023 12:34:09 PM UTC

It’s looking like a rather muted start to the trading week with the American’s off today in observance of Juneteenth.

XI, BLINKEN MAKE HEADWAY ON U.S.-CHINA TIES

Sticking with that broader macro picture, Chinese President Xi Jinping has told U.S. Secretary of State Antony Blinken that it’s “very good” the two countries have made some progress in steadying bilateral ties during the latter’s trip to China. It’s politics, but any thaw in the chill between Washington and Beijing can be seen as a positive sign –  issues over China’s ambitions to grow its sphere of influence at the expense of the U.S. both economically and politically have cast a frosty pall over relations for some time, so these talks do feel like they have a bit of heft to them.

PARIS AIR SHOW BACK AFTER A FOUR-YEAR HIATUS

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