Oil prices held above $63 per barrel on Monday as positive comments from the Uni...
SINGAPORE/LONDON - Oil prices held above $63 per barrel on Monday as positive comments from the United States and China rekindled hopes in global markets that the world’s two largest economies could soon sign an interim deal to end their trade war.
“It is still all about trade talks,” said Michael McCarthy, chief market strategist at CMC Markets in Sydney. “It seems to be dominating markets action at the moment.” Still, concern remains that events in Hong Kong, riven by months of anti-government unrest, could overshadow trade talk progress.
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