AUD/USD flows: Risk sentiment improves

The broad risk atmosphere has improved over the weekend's Trump suggests smartphones, computers and other tech products from China will only be subjected to 20% tariff, instead of 145%. While China has halted exports of rare earth minerals and materials critical to sectors like autos, aerospace, and semiconductors. but market participants are choosing to cheer on Trump's stance change.

U.S. major equity indexes are off opening high yet still higher than Friday's close while regional equities are outperforming. AUD/USD has closed the opening gap and is still trading 0.05% higher at 0.6293.