The ASX 200 will likely open moderately higher following positive leads from overnight trading. Both Europe and Wall Street rebounded as President Trump signalled a deal between the US and China was still possible. Bond yields, most commodities and the Aussie dollar were higher. On the domestic economic front, first-quarter wage data will be released which could have a major bearing on the likely trajectory of interest rates here, and in turn, our share market. It is all quiet on the local company front. We believe the ASX 200 will close modestly higher, with investors still happy to commit capital to quality stocks.