Trade spat continues to dictate market sentiment

DEVELOPMENTS surrounding the US-China trade relationship will continue to drive sentiment in regional and local markets this week.

The relationship between the two largest economies has been tense in recent weeks with tit-for-tat tariff measures back to the fore.

In addition, US President Donald Trump issued an executive order barring US companies from using Huawei telecommunications equipment. The US Commerce Department also added Huawei to a trade blacklist, just days after saying that Mr Trump was optimistic over a deal.