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Osaka meeting between US and China hogs the limelight

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Published Sun, Jun 23, 2019 · 09:50 PM

INVESTORS breathed a sigh of relief last week as the US Federal Reserve signalled a dovish stance, confirming earlier suspicions that rate cuts might be on the horizon to stem slowing economic growth.

Moreover, optimism also returned thanks to the US and China agreeing to meet over trade issues at the G-20 summit in Osaka (June 28-29).

Market watchers are mostly united in the view that this week's "extended" meeting between US President Donald Trump and Chinese President Xi Jinping would be the key event to influence the market.

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