In a readout following the conclusion of the meeting between U Treasury Secretary Janet Yellen and China's Finance Minister Lan Fo'an, the US Treasury Department said that they discussed the macroeconomic outlook and financial developments in the US and China.

Nothing further is reported about the same.

Meanwhile, Yellen is scheduled to meet the People’s Bank of China (PBOC) Governor Pan Gongsheng on Monday in Beijing.

Market reaction

AUD/USD is little impressed by the meeting, losing 0.12% on the day to trade at 0.6572. at the press time.