Should Iran's sanction waivers indeed be lifted, that could boost oil prices towards the $80 per barrel mark.

Han Tan

Categorized in : Business

Recent events surrounding U.S.-China ties threaten to raise new points of conflict beyond just trade differences, risk aversion shall continue being the de facto mode for global investors.

Global investors have had their emotions toyed with amidst the ever-shifting sands of the U.S.-China trade conflict, market nerves have been left raw, with the delicate sentiment prompting knee-jerk reactions to every nuance pertaining to the highly unpredictable U.S.-China trade impasse.

While the resumption of trade talks appears to mitigate any near-term deterioration in US-China tensions, prudent investors will not get carried away, seeing as a meaningful deal still seems a long way off.

Brent futures continue rising ... after the Saudi Arabian Energy Minister expressed confidence that OPEC+ producers will prolong their output cuts program through the second half of 2019.