Trump and Xi

Donald Trump said he'll have an “extended” meeting with Xi Jinping at the G-20 summit. Asian equity futures are higher after U.S. stocks rose on trade talk optimism. And Facebook is wading into crypto. Here are some of the things people in markets are talking about today.

The U.S. and China said their presidents will meet next week in Japan. Donald Trump said he had a “very good” phone conversation with Chinese counterpart Xi Jinping, and that the two leaders will hold an “extended meeting” at the G-20 summit on June 28-29 in Osaka. “Our respective teams will begin talks prior to our meeting,” Trump said on Twitter. The U.S. president had threatened more tariffs if Xi declined a one-on-one at the event in Japan.