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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Fresh U.S.-China trade worries push stocks downWall Street closed out a volatile week with losses Friday as investors worried that upcoming trade talks aimed at resolving the U.S.-China trade war could be in trouble. Look on the building thinkers... Do you think they are essential to a society? TheWarMonitor There should not be any worry. Every country has rights to protect their interests. US is right to raise the tariff on cheap Chinese products, which was giving them an advantage. It's high time to opt for local for everyone. If not for economy sake, then for the environment.
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Even a 'smaller' US-China deal could be good for business confidence, says Blackstone executiveSuch a deal could include agreements on 'easy items' such as China buying more U.S. agriculture products, says Blackstone Executive Vice Chairman Tony James.
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