Focus will be on Chinese data, trade tensions this week

CENTRAL banks and their increasingly accommodative stances, US-China trade tensions and worries of the state of the global economy will continue to influence sentiment this week.

UOB economist Alvin Liew noted that US-China trade relations will remain under the spotlight as US and China has re-started trade negotiations. But he also pointed to US President Trump's latest tweet (on July 11) that China has not been buying the agricultural products which it has promised .

Investors will also be looking at Monday's deluge of Chinese data for the second quarter.