US equity index futures showed a modest increase of 0.2% on September 20 as investors awaited high-level trade talks between Washington and Beijing. This movement follows a positive session for the cash index on September 18.
US Treasury Secretary Scott Bessent met with Chinese Vice Premier He Lifeng in New York to discuss trade policy. The agenda included tariffs, technology export controls, and economic cooperation frameworks between the two nations.
This meeting serves as a precursor to a broader leaders' summit scheduled for the week of September 21. Market participants are monitoring the discussions for signals regarding future trade relations and potential policy shifts.
The US dollar maintained a narrow trading range against the Japanese yen and the Chinese yuan. Market liquidity was impacted by a public holiday in Japan, while the Federal Reserve's recent interest rate hikes continue to influence financial conditions.
