All eyes on G-20 this week as Xi, Trump meet

ALL eyes will undoubtedly be on the G-20 leaders' summit held in Buenos Aires, Argentina this week from Nov 30 to Dec 1, and more significantly, the dinner date between China President Xi Jinping and US President Donald Trump. Singapore's Prime Minister Lee Hsien Loong will also be attending the global event.

UOB analysts noted that the Asia Pacific Economic Cooperation (Apec) summit, which ended without a joint communique for the first time in history, has put a lot of uncertainty to the outcome of the Trump-Xi meeting, even though Mr Trump believes that China would like to have a deal.

CMC market analyst Margaret Yang agrees that the G-20 summit is likely to dominate market sentiment this week as the event is widely viewed as an an opportunity for China and the US to break a negative spiral in financial markets.