"Judging by Trump's tweets alone, the two nations are apparently nowhere near signing a trade deal," said Fawas Razaqzada, a market analyst at Forex.com.
Markets remain on red alert over a trade war between the two big superpowers that observers warn could shatter global economic growth - and also hurt demand for commodities like oil."It's Groundhog Day yet again, with yet another day of US-China focused selling taking hold," said senior market analyst Joshua Mahony at trading firm IG.on the sidelines of the G20 summit to hash out their differences on trade - but no new talks are yet scheduled.
On Monday, some analysts were wondering whether cryptocurrency bitcoin should be added to the list after rising by US$1,000 over the weekend to a nine-month high, which saw it breach US$7,000. Saudi Arabia said on Monday that two of its oil tankers were damaged in mysterious"sabotage attacks" in the Gulf, as tensions soared in a region already shaken by a standoff between the United States and Iran.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »