The stage is set for high-stakes Trump-Xi meeting

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• 00:41

  Good morning from the Financial Times.

• 00:43

  Today is Monday, October 27th, and this is your FT News Briefing.

• 00:48

  The stage is set for Presidents Donald Trump and Xi Jinping to ease mounting trade tensions,

• 00:54

  and Britain's Chancellor tries to secure her own deal at the so-called Davos in the Desert Investment Conference.

• 01:00

  Plus, all eyes are on Jerome Powell ahead of this week's U.S.

• 01:04

  Federal Reserve meeting.

• 01:05

  The door's been kind of left open for the Fed to make the cut of 25 basis points that's been anticipated for some time.

• 01:13

  I'm Victoria Craig, and here's the news you need to start your day.

• 01:27

  President Trump is on a whirlwind diplomatic tour of Asia this week,

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  all culminating in a high-stakes meeting with China's Xi Jinping.

• 01:36

  Trump arrived in Malaysia on Sunday,

• 01:39

  agreed a flurry of trade deals and addressed the ASEAN bloc of Southeast Asian countries,

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