By record territory you mean more or less back where they were before the recent swoons as oil dropped close to 10%. Now its back up at 50 a barrel, and wallah! Instant market rebound. Really nobody can explain why markets do what they do over short periods, so that certainly isn't any indication at all of how Trump is doing abroad.

As much as people initially tried a gotcha moment when Trump softened his anti-Muslim rhetoric in Saudi Arabia, I personally expected no less and would have been mystified if he didn't. So seeing him become a bit more diplomatic and enthusiastically received in both SA and Israel can't hurt his ratings, but if I were a betting man I'd say any bump is primarily due to the Manchester attack - people tend to rally around the pres after such things.