Investors to focus on 'phase one' trade details

WITH the upcoming Christmas break on Wednesday, a shortened week awaits traders in most markets. China and Japan are the notable exceptions.

While investors may be gearing up for the holidays, they are still likely to keep an eye peeled on further details regarding the US-China "phase one" deal. The agreement is likely to be signed in January 2020.

UOB economist Alvin Liew said: "Markets will continue to look out for details of the deal as we approach the signing deadline but the consensus is that this is largely a done deal."