The upcoming bilateral meeting between Presidents Trump and Xi on the sidelines of the APEC summit in Shenzhen, scheduled for November 19, drives trader focus on handshake duration amid a US-China trade truce extended through January. The White House confirmed the encounter, including a working lunch, followed by a first-ever trilateral with Russian President Putin centered on nuclear arms reduction and Iran, with no major agreements anticipated. Mixed diplomatic signals—continued high-level engagement after prior 2026 summits alongside persistent trade, technology, and security frictions—keep probabilities clustered between the 2–6 second and 6–10 second brackets. Upcoming protocol details, arrival footage, or pre-meeting statements on bilateral priorities could widen gaps before trading closes at the end of November.