Gold is trading heavily in Asia with the US-China trade good news weighing

'Risk' is having a good session, mainly, on the back of the weekend newws:

• Positive signs emerge of a US-China deal

• Bessent says China to resume U.S. soybean buys, delay rare-earth curbs as trade deal nears

AUD, NZD, equites all higher.

EUR/USD is a bit of a drag, France the culprit:

• France delays wealth tax vote as Socialist ultimatum threatens government collapse

Gold, too, bit of a drag and $ shift to risk.