Nvidia CEO Jensen Huang has unexpectedly joined U.S. President Donald Trump's delegation to China after initially not being invited. Following media coverage highlighting Huang's absence, Trump personally called him to join the trip, which includes over a dozen U.S. executives.
The delegation is set to meet with Chinese President Xi Jinping amid ongoing tensions in the Middle East, particularly the war in Iran, which is overshadowing discussions about tariffs. This conflict has disrupted shipping lanes and created an energy crisis, further complicating the economic landscape for Chinese exporters who have been trying to adapt to U.S. tariffs.
In the U.K., Prime Minister Keir Starmer faces internal challenges as four ministers resigned, and he prepares for the State Opening of Parliament. Meanwhile, U.K. government bond yields have surged to multi-decade highs, reflecting market volatility. In Asia, trading is mixed as investors react to higher-than-expected inflation and rising oil prices.
Additionally, copper prices have reached new records due to demand from AI data centers, with Citi analysts suggesting that there is still potential for further price increases driven by energy transition and strategic inventory stockpiling