Japan: April bank loans rise slower than March; March current account surplus as expected

Japan data update. Not the focus.

The focus is US-China relations and Trump’s move to lower drug prices to US consumers.

While we do not have any details on the US-China trade talks beyond the two side have agreed to meet further, at least its some sort of progress. The two sides will be issuing a joint statement that may contain some detail. The statement, they say, will be issued on Monday. Its Monday where I am so, yeah, get on with it!

• No details on US-China trade talks but both US and China officials are upbeat
• China says Geneva trade talk meeting a first step; differences &frictions remain; win-win

On drugs:

• Trump says prescription drug and pharma prices will be reduced almost immediately

This article was written by Eamonn Sheridan at www.forexlive.com.