Trade war, earnings remain in focus

DEVELOPMENTS in the US-China trade war and corporate earnings are set to continue to sway trading this week.

Global investors have been cheered in recent days by hopes of a first-phase deal that would include a tariff rollback, but subsequent comments from US President Donald Trump may reduce some of the optimism.

A successful first-phase deal will be a positive factor for sentiment and financial conditions, Bank of Singapore (BOS) strategists had said in a report early on Friday.