Australia stocks set to dip as investors watch US-China trade developments

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Stocks in Australia were set to dip at the open on Monday as investors watch for developments on the U.S.-China trade front.

Anheuser-Busch InBev, is set to price its Budweiser IPO in Hong Kong on Monday. It is the firm's second attempt at doing so after halting its earlier attempt at going public.

Oil markets will also be watched on Monday after the Nikkei Asian Review reported that Saudi Arabian state oil firm Aramco told Japanese refiner JXTG about a potential change in shipments.

 

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Trump staffers are leaking a Trade Deal May be on the Horizon. Facts are Trump is going to accept a soft/partial deal and claim victory. He wants to get re-elected too badly and sees metrics beginning to negatively impact economy.

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