Asia Pacific stocks sent mixed signals after the developments went live on the US-China trade front. CNBC reported that the Nikkei 225 in Japan was at 0.41% in early trade, while the Topix index traded at 0.34%. South Korean stock Kospi posted a decline of 0.21% as markets reacted to the trade developments.

Apple supplier LG Display showed a 2% decline after the firm came to grips with its second-quarter operating loss, which was larger than previously expected.

The company was looking to diversify its supplier base since it was unsure what would happen in its own trade dispute with Tokyo, where Japan had placed tariffs on materials being shipped to South Korea.

The deadline is Wednesday for comments on the Japanese government's plan to exclude South Korea in a "white list" it maintains of countries it has minimum trade restrictions with.

In other areas, the S&P/ASX 200 in Australia saw a marked improvement of 0.47% as most of the sectors in the country displayed gains than losses. Japan's Mitsubishi Motors is also expected to release its own earnings report for the first quarter on Wednesday.

While Asians stocks gained with the hopes of Sino-US trade talks finally ending the dispute, Euro stocks plunged. Reuters reported that the euro hit lows amid heavy speculation that the European Central Bank was nearing a period where the easing of policies would be better.

Over at Wall Street, things were pretty much normal as quarterly reports from Coca-Cola and United Technologies were enough to keep concerns about earnings down. The Dow posted a rising 0.65% reading while the S&P 500 gained 0.68% and the Nasdaq followed at 0.58%.

The European Central Bank is thought to be open to easing its policies at its meeting on Thursday. The Futures remained solid with a 100% price for a rate cut of 25 basis points from the Fed Reserve next week. There is an implied 18% chance of 50 basis points as well.

The talk between the US and China is set to begin next week according to insiders. White House officials are looking at a longer timeline. There is also the news that Boris Johnson will become the UK's next prime minister and will continue to push for Brexit.

With all these actions, it is interesting how the Asia Pacific region will react, or if it will react at all.

One thing's for sure: it is important for next week's discussions to have positive results, especially with the current economic slowdown being felt.