Traders cast wary eye towards 2019
They say they're not sure about the recent high-level truce between Presidents Trump and Xi, and caution that it's better to wait and see - than break out the bubbly
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Dubai
A BIT of hope. Superficially positive. Still a work in progress.
The reactions of investors and analysts to the outcome of Donald Trump and Xi Jinping's trade-focused dinner on Saturday suggest markets are unlikely to embark on a lung-bursting risk rally. The avoidance of any escalation in the dispute, however, may bring some relief.
Markets and sectors that have been most impacted should respond positively to the outcome in the near term, in particular, China-A shares, North Asian bourses, and exporters.
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