Markets were given a gentle lift in sprits yesterday on announcement that the US and China had agreed to a trade truce ahead of the G20 talks. And today, Trump has since agreed to no preconditions for his meeting with Xi. Whilst these developments do little to confirm talks will ultimately become a success, they’re a step in the right direction and a much softer approach than Trump has known to take ahead of other, key events. That said, Trump has lined up no fewer than nine bilateral meetings for the event, most likely in a bid to pile on the pressure on Xi for a more favourable meeting tomorrow